AerCap price target raised to $111 from $94 at Barclays

Barclays analyst Terry Ma raised the firm’s price target on AerCap to $111 from $94 and keeps an Overweight rating on the shares. The analyst says Q2 commentary from the air lessors should be similar to past quarters, highlighting an attractive environment for leasing. AerCap (AER) should print solid results as in past quarters and there is upside to Street buyback numbers, says the firm. Air Lease (AL) estimates are being recalibrated lower this year, though an inflection is still to come in 2025, the analyst tells investors in a research note.