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.

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