Seaport Global Maintains Buy on Allegiant Travel, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst Daniel Mckenzie has maintained a 'Buy' rating on Allegiant Travel (NASDAQ:ALGT) but lowered the price target from $115 to $110.
September 29, 2023 | 3:10 pm
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Allegiant Travel's price target has been lowered from $115 to $110 by Seaport Global, though the 'Buy' rating is maintained.
The news is directly about Allegiant Travel. The lowering of the price target might indicate a slightly less optimistic outlook for the company's stock, but the maintained 'Buy' rating suggests that the analyst still sees potential for the stock's price to increase. This could have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100