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UPDATE: Morgan Stanley Reiterates on Hawaiian Holdings on Possible Risk Factors Ahead

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In a report published Monday, Morgan Stanley analyst John D. Godyn reiterated an Equal-Weight rating on Hawaiian Holdings (NASDAQ: HA), and raised the price target from $13.00 to $14.00.

In the report, Morgan Stanley noted, “HA enjoys a near-monopoly on inter-island travel and a relatively attractive valuation vs. peers. But - signs of peaking margins, the threat of competitive capacity on mainland flying, the potential for new entrants in its interisland markets, and risks surrounding HA's fleet transition/Asia growth drive our EW rating. HA's high risk/reward Asia growth, if successful, could revitalize the airline as more of a growth carrier - but - we view this as a show-me story.”

Hawaiian Holdings closed on Friday at $13.97.

Latest Ratings for HA

Jul 2015Deutsche BankMaintainsBuy
Jun 2015Morgan StanleyAssumesUnderweight
Mar 2015Imperial CapitalUpgradesIn-lineOutperform

View More Analyst Ratings for HA
View the Latest Analyst Ratings

Posted-In: John D. Godyn Morgan StanleyAnalyst Color Price Target Analyst Ratings


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