Imperial Capital Initiates Hawaiian Holdings: Outperform, $8 PT
Imperial Capital initiated Hawaiian Holdings (NASDAQ: HA) coverage with an Outperform rating and $8 price target in a research report published today.
In the report, Imperial Capital stated, "HA shares are currently being valued in the market as if it were a broken company. In reality, we see HA as a profitable, yet underfollowed and underappreciated value investment with a strong historic franchise."
Shares of Hawaiian Holdings closed today at $5.27, down 5.22% from Wednesday's market close.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.