AerCap price target raised to $90 from $80 at TD Cowen

TD Cowen raised the firm’s price target on AerCap to $90 from $80 and keeps an Outperform rating on the shares. The firm said they reported strong 2Q23 results and raised FY guidance. They also increased their share repurchase program by 500 MM bringing this year s total authorization to 1.5 billion.