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Morgan Stanley Sees Signs of Growth Demand for Fly Leasing Ltd.

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In a report published Wednesday, Morgan Stanley analyst John D. Godyn reiterated an Equal-Weight rating on Fly Leasing Ltd. (NYSE: FLY).

In the report, Morgan Stanley noted, “We recently hosted a webcast with FLY's CEO Colm Barrington. Overall, we believe there are ample growth opportunities ahead for FLY in 2014 and that it will maintain its capital return leadership among the lessors. Mgmt commentary suggests that the improving leasing fundamentals we've seen in 2013 are likely sustainable into 2014 – providing for a favorable backdrop for aircraft lessors and OE-exposed aerospace companies alike.”

Fly Leasing Ltd. closed on Tuesday at $14.95.

Latest Ratings for FLY

DateFirmActionFromTo
Apr 2021Cowen & Co.DowngradesOutperformMarket Perform
Feb 2021Deutsche BankDowngradesBuyHold
Jan 2021Deutsche BankMaintainsBuy

View More Analyst Ratings for FLY
View the Latest Analyst Ratings

 

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

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