AerCap Holdings (AER) PT Raised to $60 at Cowen

Cowen analyst Helane Becker raised the price target on AerCap Holdings (NYSE: AER) to $60.00 (from $56.00) while maintaining an Outperform rating.

Becker commented, "AerCap increased their core EPS (ex sales) and sale proceeds guidance due to strong demand for assets in a capacity constrained environment. 2019 is looking to be a banner year as sales margins are higher than historical norms. The core business remains strong and is positioned for growth once the MAX is re-certified. In the meantime, we expect management to be active with their buyback program."

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