Raymond James Maintains Outperform on Frontier Group Holdings, Lowers Price Target to $12
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Savanthi Syth has maintained an Outperform rating on Frontier Group Holdings (NASDAQ:ULCC), but lowered the price target from $15 to $12.
August 04, 2023 | 11:03 am
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Frontier Group Holdings' price target has been lowered from $15 to $12 by Raymond James, though the Outperform rating is maintained.
The lowering of the price target by Raymond James could lead to a short-term negative impact on Frontier Group Holdings' stock price. However, the maintained Outperform rating indicates that the analyst still sees potential in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
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