Evercore ISI Group Maintains Outperform on Frontier Group Holdings, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Duane Pfennigwerth has maintained an Outperform rating on Frontier Group Holdings (NASDAQ:ULCC), but lowered the price target from $12 to $10.
August 28, 2023 | 2:12 pm
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Frontier Group Holdings' price target has been lowered from $12 to $10 by Evercore ISI Group, though the Outperform rating is maintained.
The news is directly about Frontier Group Holdings. The lowering of the price target might indicate a potential downside in the short term, but the maintained Outperform rating suggests that the analyst still sees the stock as a good investment. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100