Hawaiian Holdings price target raised to $13 from $12 at TD Cowen

TD Cowen raised the firm’s price target on Hawaiian Holdings to $13 from $12 and keeps a Hold rating on the shares. The firm updated estimates for 2Q24/2H24 and expects ASMs to hit the low end of guidance range and push RASM and CASMex towards high end of range. Cowen also noted management did not update guidance in a debt exchange 8K which they view positively.