Dahlman Raises Its Estimates On Atlas Air Woldwide Holdings, INC (AAWW)

Atlas Air Worldwide Holdings, INC (Nasdaq: AAWW) is increasing its 2010 outlook due to continued strong demand and tight supply. According to Dahlman, Atlas shares were under significant pressure during the 2Q10 earnings call, due to the uncertain nature of the Military business. However, Dahlman feels as the strong commercial business will offset any decline in military revenues.

Moreover, Dahlman is raising its 2010 and 2011 estimates and AAWW's price target to reflect continued strength in the business. It also denotes AAWW with a BUY rating.

Price Target: $67.00

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