Citigroup Maintains Neutral on Spirit Airlines, Lowers Price Target to $16.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Stephen Trent has maintained a Neutral rating on Spirit Airlines (NYSE:SAVE) and lowered the price target from $16.9 to $16.5.
September 25, 2023 | 3:15 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Spirit Airlines and lowered the price target from $16.9 to $16.5.
The news directly pertains to Spirit Airlines as the company's stock rating and price target have been updated by Citigroup. The Neutral rating suggests that the stock is expected to perform in line with the market or sector in the next 12-18 months. The lowering of the price target could potentially have a negative impact on the stock's performance in the short term, but the overall Neutral rating suggests a balanced outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100