Market Overview

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

Share:
Related ERJ
15 Biggest Mid-Day Gainers For Thursday
22 Stocks Moving In Thursday's Pre-Market Session
Mega-Carriers Likely To Have Big Fleet Decision Influence (Seeking Alpha)

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
Nov 2016UBSDowngradesNeutralSell
Nov 2016Drexel HamiltonUpgradesHoldBuy
Oct 2016Cowen & Co.UpgradesMarket PerformOutperform

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!