Raymond James Maintains Outperform on Frontier Group Holdings, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Savanthi Syth has maintained an Outperform rating on Frontier Group Holdings (NASDAQ:ULCC), but lowered the price target from $12 to $9.
September 25, 2023 | 12:00 pm
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Frontier Group Holdings' price target has been lowered from $12 to $9 by Raymond James, though the Outperform rating is maintained.
The lowering of the price target by Raymond James could lead to a negative sentiment among investors, potentially causing a short-term decrease in the 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