TD Cowen analyst Helane Becker raised the firm’s price target on Hawaiian Holdings to $8 from $5 and keeps a Market Perform rating on the shares. The firm said 4Q23 results were mainly in line with Street. Elevated fixed costs to drive 1Q24 losses but results and financials to improve during the rest of 2024 as Engine supply will be a tailwind in mid-2Q.
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Read More on HA:
- Hawaiian Holdings Reports 2023 Fourth Quarter and Full Year Financial Results
- Hawaiian Holdings sees FY24 CapEx $500M-$550M
- Hawaiian Holdings reports Q4 adjussted EPS ($2.37), consensus ($2.34)
- Sabre, Hawaiian Airlines sign new distribution agreement
- Hawaiian Holdings price target raised to $15 from $4 at Susquehanna
