Gol Linhas announces codeshare agreement with Etihad GOL Linhas has signed a codeshare agreement with Etihad Airways, an airline headquartered in Abu Dhabi, in the United Arab Emirates. The agreement depends on approval from ANAC and CADE. The companies already have an interline agreement and the expansion of the partnership through the codeshare agreement will initially allow Etihad Airways to include its code on flights operated by GOL, giving its customers a greater number of connections for destinations in Brazil and South America. Both companies will soon sign a Frequent Flyer Program agreement offering all their customers the benefits of their respective mileage programs – GOL's Smiles and Etihad's Etihad Guest.
On The Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: DuPont Fabros (DFT) upgraded to Buy from Hold at Evercore ISI... GOL Linhas (GOL) upgraded to Neutral from Sell at Goldman... Integrated Device (IDTI) upgraded to Outperform from Neutral at Wedbush... Julius Baer (JBAXY) upgraded to Hold from Sell at Deutsche Bank... Kohl's (KSS) upgraded to Buy from Neutral at Buckingham... Mattel (MAT) upgraded on positive catalysts at Stifel... Mitsubishi sees limited downside for Tableau (DATA), ups to Neutral ... Morgan Stanley (MS) upgraded to Outperform from Neutral at Macquarie... Netflix (NFLX) upgraded to Overweight from Neutral at Piper Jaffray... Realty Income (O) upgraded to Equal Weight from Underweight at Morgan Stanley... TJX (TJX) upgraded to Outperform from Market Perform at BMO Capital.
GOL Linhas upgraded to Neutral from Sell at Goldman Goldman Sachs analyst Marcio Prado upgraded GOL Linhas Aereas Inteligentes to Neutral citing higher than expected yields in Q4. The analyst thinks lower oil prices could drive additional upside and upped his price target for the shares to $1.25 from $1.