Deutsche Bank Upgrades Allegiant Travel to Buy, Raises Price Target to $145
Portfolio Pulse from richadhand@benzinga.com
Deutsche Bank analyst Michael Linenberg upgrades Allegiant Travel (NASDAQ:ALGT) from Hold to Buy and raises the price target from $110 to $145.
June 15, 2023 | 9:04 am
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Deutsche Bank upgrades Allegiant Travel (ALGT) to Buy and raises the price target from $110 to $145.
The upgrade from Hold to Buy and the increase in the price target from $110 to $145 by Deutsche Bank analyst Michael Linenberg indicate a positive outlook for Allegiant Travel. This news is likely to have a positive short-term impact on ALGT's stock price as investors may see this as a signal to buy the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100