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Stock Market & Financial Investment News

News Breaks
December 24, 2012
05:19 EDTFLYFly Leasing upgraded to Buy from Neutral at Citigroup
Citigroup upgraded Fly Leasing citing the recent pullback in shares. The firm lowered its price target for the name to $13.20 from $13.50.
News For FLY From The Last 14 Days
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May 20, 2015
07:56 EDTFLYFly Leasing aircraft sale would be positive catalyst, says Wells Fargo
Based on a report by Fitch Ratings, Wells Fargo believes that Fly Leasing may be preparing to sell over 15% of its aircraft. The firm says that such a transaction would improve the company's book value per share and price to book multiple,liberate cash for accretive uses, and reduce aircraft remarketing risk. The firm keeps an Outperform rating on the shares.

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