Market Overview

UPDATE: Imperial Capital Initiates Embraer SA at Outperform on AMR Reorganization

Share:
Related ERJ
Boeing Wins Order for 15 737 MAX 10 Jets from Copa Holdings
Boeing (BA) Raises 20-Year Jetliner Market Outlook by 3.6%

Imperial Capital initiated coverage on Embraer SA (NYSE: ERJ) with an Outperform rating and a $32 price target.

Imperial Capital commented, "We believe conditions in the U.S. airline industry are such that both ERJ and its Canadian competitor, Bombardier, will likely see substantial commercial regional jet orders in the coming weeks and months. We doubt investors and analysts fully appreciate the changes taking place in the U.S. airline industry, nor the magnitude of the likely resulting orders."

Embraer SA closed at $27.60 on Thursday.

Latest Ratings for ERJ

DateFirmActionFromTo
Aug 2017Goldman SachsDowngradesBuySell
Nov 2016UBSDowngradesNeutralSell
Nov 2016Drexel HamiltonUpgradesHoldBuy

View More Analyst Ratings for ERJ
View the Latest Analyst Ratings

Posted-In: imperial capitalAnalyst Color Initiation Intraday Update Analyst Ratings

 

Related Articles (ERJ)

View Comments and Join the Discussion!
Loading...
Loading...