UPDATE: Evercore Group Upgrades Republic Airways Holdings Following Sell-Off

In a report published Friday, Evercore Group analyst Duane Pfennigwerth upgraded the rating on Republic Airways Holdings (NASDAQ: RJET ) from Equal-Weight to Overweight, and raised the price target from $13.00 to $14.00. In the report, Evercore Group noted, “Our rating on RJET shares is raised to Overweight from Equal-Weight