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Enter Symbol:
 
Airtran Holdings, Inc. (AAI) [hlAlert]

Rating:
Mkt Outperform
AAI
up 54.46 %

Airtran Holdings, Inc. (AAI) upgraded to Mkt Outperform with price target $9 by Avondale

Posted on: Thursday,  Oct 22, 2009  12:25 PM ET by Avondale

Avondale rated Mkt Outperform Airtran Holdings, Inc. (NYSE: AAI) on 10/22/2009, when the stock price was $4.81.
Since then, Airtran Holdings, Inc. has gained 54.47% as of 05/02/2011's recent price of $7.43.
If you would have followed this Avondale's recommendation on AAI, you would have gained 54.46% of your investment in 557 days.

AirTran Holdings, Inc. (AirTran) conducts the flight operations, through its wholly owned subsidiary, AirTran Airways, Inc. The Company is engaged in operating scheduled airlines in the United States. As of February 2, 2009, the Company operated 86 Boeing B717-200 aircraft (B717) and 50 Boeing B737-700 aircraft (B737) offering approximately 700 scheduled flights per day to 56 locations in the United States (including San Juan, Puerto Rico). The entire fleet of the Company is comprised of B717 and B737 aircrafts. As of February 2, 2009, the Company had a combined total of 136 aircrafts.

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as Forbes.com’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/22/2009 12:25 PM Buy
None
4.81 9.00
as of 12/31/2009
1 Week up  38.77 %
1 Month up  81.55 %
3 Months up  55.50 %
1 YTD up  55.50 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/5/2009 2:25 PM Hold
None
6.10 7.00

(*) Stock Price at the time of the recommendation.
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