Copa Holdings shares attractive after sell-off, says Imperial Capital Imperial Capital believes the negative reaction in shares of Copa Holdings after Venezuela announced it has severed relations with Panama is "more than is warranted." The firm points out that Copa continues to operate its flights in and out of Venezuela. It views shares as attractive and keeps an Outperform rating on Copa with a $175 price target.
Copa Holdings reports preliminary April traffic up 1.6% For the month of April, Copa Holdings' system-wide passenger traffic increased 1.6% year over year, while capacity increased 7.0%. As a result, system load factor for April 2015 was 72.7%, a 3.9 percentage point decrease when compared to April 2014.