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Avantair, Inc. (AAIR) [hlAlert]

Rating:
Buy AAIR
3 Months Gains
down 99.93 %

Avantair, Inc. (AAIR) rated Buy with price target $4.25 by Jesup & Lamont

Posted on: Wednesday,  May 12, 2010  9:25 AM ET by Jesup & Lamont

Avantair, Inc. (AAIR) rated
Buy with price target $4.25 by Jesup & Lamont.

Avantair, Inc. (Avantair) is engaged in the sale of fractional ownership interests and charter card usage of professionally piloted aircraft for personal and business use and the management of its aircraft fleet. As of June 30, 2009, the Company operated 52 aircraft within its fleet, which is comprised of 46 aircraft for fractional ownership, five company- owned core aircraft and one leased and company- managed aircraft. Avantair also operates fixed flight based operations (FBO) in Camarillo, California and in Caldwell, New Jersey. Through these FBO?s and its headquarters in Clearwater, Florida, Avantair provides aircraft maintenance, concierge and other services to its customers, as well as to the Avantair fleet. In January 2009, Avantair initiated the Axis Club Membership program. This program is designed to bridge the gap between the financial commitment of a fractional share and charter cards.

Jesup & Lamont's research analysts provide world class research analysis to our clients. Our goal is to deliver fresh ideas within the right sectors, at the right time. In addition to fundamental analysis of companies and sectors, we employ strategists, and technical analysts with comprehensive research insights. As much as we put an emphasis on having the best analytical minds in the business and high ethical standards, intellectual honesty and objectivity are equally as important. Based on its experience and depth of resources, Jesup & Lamont Equity Research provides the financial and strategic advice necessary for successful equity management. Dedicated to providing insightful analysis of stockmarkets and companies, Jesup & Lamont Equity Research is recognized for the quality and timeliness of its investment recommendations. In Equity Research, we have significantly expanded our capabilities to better serve our corporate and institutional clients. Our current coverage list spotlights; Aerospace & Defense, Alternative Energy, Oil & Gas, Retail, Transportation and Utilities. Research extends into every corner of our equities business, supplying invaluable analysis, information, and advise for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/12/2010 9:25 AM Buy
None
3.15 4.25
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/10/2010 8:25 AM Buy
None
2.35 3.25

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