Raymond James Maintains Outperform on Allegiant Travel, Raises Price Target to $145
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Savanthi Syth has maintained an Outperform rating on Allegiant Travel (NASDAQ:ALGT) and raised the price target from $140 to $145.
August 04, 2023 | 1:55 pm
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Raymond James has maintained an Outperform rating on Allegiant Travel and raised the price target from $140 to $145, which could positively impact the stock.
The Outperform rating maintained by Raymond James indicates that they expect Allegiant Travel to outperform the market. The increase in the price target from $140 to $145 suggests that they believe the stock has further upside potential. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100