TD Cowen Downgrades Frontier Group Holdings to Market Perform, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Helane Becker has downgraded Frontier Group Holdings (NASDAQ:ULCC) from Outperform to Market Perform and lowered the price target from $12 to $8.
September 14, 2023 | 8:12 am
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Frontier Group Holdings has been downgraded by TD Cowen from Outperform to Market Perform, with a reduced price target of $8.
The downgrade from Outperform to Market Perform by TD Cowen, along with a reduced price target, indicates a less optimistic outlook for Frontier Group Holdings. This could potentially lead to a decrease in the stock's price in the short term.
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