UPDATE: Bank of America Downgrades AerCap Holdings NV on Valuation
November 06, 2013 at 10:30 AM EST
In a report published Wednesday, Bank of America analyst Glenn D. Engel downgraded the rating on AerCap Holdings NV (NYSE: AER ) from Buy to Underperform, but raised the price target from $18.75 to $21.00. In the report, Bank of America noted, “AER stock price has climbed 57% YTD and