Raymond James Maintains Outperform on Allegiant Travel, Raises Price Target to $140
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Savanthi Syth maintains an Outperform rating on Allegiant Travel (NASDAQ:ALGT) and raises the price target from $123 to $140.
June 26, 2023 | 11:18 am
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Raymond James analyst Savanthi Syth maintains an Outperform rating on Allegiant Travel and raises the price target from $123 to $140.
The news of Raymond James maintaining an Outperform rating and raising the price target for Allegiant Travel (ALGT) from $123 to $140 is positive for the stock. This indicates that the analyst believes the stock has potential for further growth and is likely to outperform the market. As a result, this news may lead to increased investor confidence and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100