AerCap price target raised to $75 from $70 at Susquehanna

Susquehanna analyst Christopher Stathoulopoulos raised the firm’s price target on AerCap to $75 from $70 and keeps a Positive rating on the shares. The analyst said 2023 EPS guide reflects a supply/demand dynamic in global aviation that in our view is increasingly accepted as the base case for investors; specifically, supply will likely trail demand into mid-decade, thus supporting upward pressure on air fares and lease rates.