AerCap Holdings (AER) PT Raised to $58 at Cowen; Reiterates Outperform

Cowen raised its price target on AerCap Holdings (NYSE: AER) to $58.00 (from $55.00) while maintaining a Outperform rating. AerCap remains an interesting investment as management is an active buyer of their shares given the current valuation. AerCap should benefit from a strong leasing market and continued strength in aircraft sales.

Management will host an investor day 11/13 in NY, where we expect to hear about their three year outlook and further details on their re-marketing campaigns.

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