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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NEGATIVE IMPACT
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
RELEVANCE 100