Barclays Maintains Overweight on Alaska Air Gr, Lowers Price Target to $62
Portfolio Pulse from jenniferd'souza@benzinga.com
Barclays analyst Brandon Oglenski maintains an Overweight rating on Alaska Air Gr (NYSE:ALK) but has lowered the price target from $66 to $62.
July 26, 2023 | 10:08 am
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Barclays has maintained an Overweight rating on Alaska Air Gr but lowered the price target from $66 to $62.
The news is directly about Alaska Air Gr (ALK). Barclays' decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target may suggest a slightly less optimistic view on the company's future performance. This could potentially have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100