Andrew Didora

Royal Caribbean Cruises Ltd (NYSE: RCL) shares are up 15.6% in the last week as investors overlook abysmal fourth-quarter earnings numbers and instead focused on bullish longer-term commentary. What Happened: On Monday, Royal Caribbean reported that it lost $1.4 billion in the fourth...

Mesa Air Group Inc (NASDAQ: MESA) shares traded up 11% Wednesday after BofA Securities upgraded its rating from Underperform to Buy and increased its price target from $2 to $15. BofA analyst Andrew Didora upgraded Mesa Air after the company fixed its balance sheet with government grants...

Cruise lines were some of the hardest hit stocks in the market during the pandemic sell-off in early 2020, but they've been some of the top performers since the market bottomed. Cruises won’t be resuming until 2021, but one analyst raised his price targets for cruise stocks ...

It’s been a brutal year for cruise stocks, and the latest data from Bank of America suggests little hope for improvement in the fourth quarter. On Friday, analyst Andrew Didora said U.S. cruise line spending is still virtually nonexistent, and there’s little hope of significant...

Cruise companies Royal Caribbean Cruises (NYSE: RCL) and Norwegian Cruise Line Holdings (NYSE: NCLH) are inching toward a resumption of U.S. services after submitting a joint plan to the Centers for Disease Control, according to BofA Securities.  The Cruise Line Analyst: Andrew Didora...

As fall approaches, travel patterns are set to turn to lean more toward corporate and less toward leisure demand, which foreshadows more capacity cuts at airlines in September and beyond, according to BofA Securities. The Airline Analyst: Andrew Didora said that while domestic leisure bookings...

Cruise operators remain docked, as the CDC has extended its "no sail" orders through Sept. 30. The protracted suspension in the wake of the COVID-19 pandemic has severely impaired the financials of these companies. Despite recent fundraising, the liquidity position in the cruise...

Following an official extension of the suspension of cruise operations from U.S. ports, Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) and Royal Caribbean Cruises Ltd (NYSE: RCL) have halted nearly all cruises through September against expectations of an August resumption, according to BofA...

Although systemwide net flight bookings in the U.S. declined in the week ending June 14, it was a meaningful improvement from the prior week’s decline, driven by both domestic and international bookings, according to BofA Securities. The sell-side firm sees continues strength in the...

ABofA Securities survey of U.S. consumers supports a thesis that three airliners will benefit from a domestic and leisure-led recovery.  The Analyst: Andrew Didora maintains a Buy rating on Alaska Air Group, Inc. (NYSE: ALK) with an unchanged $53 price target. The analyst also maintains a Buy...

With business at a standstill and revenue dry, companies are dipping into cash reserves to cover costs. Few seem to be hurting worse than cruises are. The Cruise Ratings Bank of America analysts Andrew Didora and Geoffrey d’Halluin maintained: A Neutral rating on Carnival Corp (NYSE: CCL)...

The S&P 500 has rallied hard off its March lows, but the index remains down 12.4% year-to-date overall. The near-term economic outlook amid the COVID-19 shutdown is still unclear, creating a lot of uncertainty on Wall Street. The International Monetary Fund cut its 2020 global economic growth...

Airlines have been some of the hardest-hit companies from the COVID-19 pandemic, and many are stepping up to help out their most loyal customers. Delta, American Take Action Over the weekend, Delta Air Lines, Inc. (NYSE: DAL) became the first major airline to announce changes to its customer...

U.S. airlines may have the liquidity to weather tough times, but the coronavirus pandemic is an extraordinary time that's bringing a massive hit to revenue, according to BofA Securities. The United, Southwest Analyst Andrew Didora downgraded United Airlines Holdings Inc (NASDAQ: UAL)...

Carnival Corp (NYSE: CCL), Royal Caribbean Cruises Ltd (NYSE: RCL) and Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) have cancelled voyages for the next month or two to reduce their liabilities as the coronavirus pandemic grows in scope.  The service suspensions — and the long-term...