Evercore ISI Group Maintains Outperform on Sun Country Airlines, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Duane Pfennigwerth maintains an 'Outperform' rating on Sun Country Airlines (NASDAQ:SNCY) but lowers the price target from $28 to $25.
August 28, 2023 | 2:10 pm
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NEUTRAL IMPACT
Sun Country Airlines' price target has been lowered from $28 to $25 by Evercore ISI Group, though the 'Outperform' rating is maintained.
The news is directly about Sun Country Airlines. The lowering of the price target might indicate a potential downside risk, but the maintained 'Outperform' rating suggests that the analyst still sees the company as a good investment. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100