Dahlman Rose Has Buy On Fly Leasing Limited (FLY)

Dahlman Rose & Co. has a Buy rating and a $16.50 price target on shares of Fly Leasing Limited FLY. In a note to investors, Dahlman Rose writes, "FLY Leasing reported 4Q10 EPS results in excess of our and the consensus estimates. We believe FLY will continue to grow in 2011 through sale-leasebacks and purchase of aircraft at attractive rates. We are reiterating our Buy rating and $16.50 price target." Shares of Fly Leasing were last up 3 cents to $13.24.