Ryanair price target raised to $67 from $56 at Raymond James Raymond James raised Ryanair's price target to $67 from $57 to reflect earning momentum from higher-fare business travelers, accelerating capacity growth, and strong cash flow. Shares are Strong Buy rated.
EasyJet, Ryanair cancel flights as air traffic controllers strike, BBC says EasyJet (ESYJY) cancelled 331 flights Thursday while Ryanair (RYAAY) cancelled over 500 flights over the past two days following strike action by French air traffic control employees, reports BBC. The controllers are planning additional strikes April 16 to April 18 and April 29 to May 2, notes BBC. Reference Link
On The Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: Carnival (CCL) upgraded to Outperform from Market Perform at Wells Fargo... Crown Castle (CCI) upgraded to Buy from Hold at Evercore ISI... Ctrip.com (CTRP) upgraded to Overweight from Neutral at Piper Jaffray... Demandware (DWRE) upgraded to Conviction Buy from Buy at Goldman... FirstEnergy (FE) upgraded at BofA/Merrill... Frontier Communications (FTR) upgraded to Neutral from Underperform at DA Davidson... JPMorgan (JPM) upgraded to Outperform from Market Perform at Bernstein... Pattern Energy (PEGI) upgraded to Outperform from Market Perform at Raymond James... Ralph Lauren (RL) upgraded to Buy from Outperform at CLSA... ResMed (RMD) upgraded to Outperform from Neutral at Credit Suisse... Ryanair (RYAAY) upgraded to Overweight from Neutral at JPMorgan... Splunk (SPLK) upgraded to Overweight from Neutral at Piper Jaffray... Total (TOT) upgraded at RBC Capital... Verifone (PAY) upgraded to Buy from Hold at Stifel... XL Group (XL) upgraded to Buy from Neutral at UBS.