AerCap price target lifted at FBR

Reiterating an Outperform rating on AerCap (AER), analyst Scott Valentin boosts the price target to $48 from $40 following the company's Q4 results.

Management (CC transcript) was "notably positive on the industry outlook for 2014, highlighting strong demand and controlled supply and steadily increasing air traffic. Emerging market volatility has not had any measurable impact on portfolio performance."

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