Susquehanna Maintains Neutral on Frontier Group Holdings, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Stathoulopoulos has maintained a Neutral rating on Frontier Group Holdings (NASDAQ:ULCC) and lowered the price target from $9 to $5.
October 11, 2023 | 6:53 pm
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NEGATIVE IMPACT
Frontier Group Holdings' price target has been lowered from $9 to $5 by Susquehanna, while maintaining a Neutral rating.
The lowering of the price target by a significant amount suggests that the analyst sees less potential for the stock's growth in the near term. This could lead to a negative sentiment among investors, potentially causing a short-term decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100