UPDATE: Morgan Stanley Reiterates on Gol Linhas Aereas Inteligentes SA Following Solid Yield/Load Factor Report
December 23, 2013 at 08:30 AM EST
In a report published Monday, Morgan Stanley analyst Eduardo S. Couto reiterated an Equal-Weight rating on Gol Linhas Aereas Inteligentes SA (NYSE: GOL ), but removed the $4.90 price target. In the report, Morgan Stanley noted, “GOL reported solid yield and load factor in Nov 2013, pushing revenue per seat