Analysts rate ALC stock after strong Q2 results

Air Lease Corporation’s Q2 EPS of $0.58 beat analysts’ expectations of $0.51. As a result, expectations of ALC’s full year FY2014 EPS has risen 5% from $2.28 to $2.40, with a share price target of $41.50, compared to $36.03 at the conclusion of Tuesday’s trading.ALC’s FY2015 EPS is now forecast at $2.85.