Raymond James Maintains Strong Buy on Alaska Air Gr, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Savanthi Syth has maintained a 'Strong Buy' rating on Alaska Air Gr (NYSE:ALK), but lowered the price target from $58 to $53.
October 20, 2023 | 1:09 pm
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Alaska Air Gr's price target has been lowered from $58 to $53 by Raymond James, though the 'Strong Buy' rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors. However, the maintenance of the 'Strong Buy' rating indicates that the analyst still sees potential in the stock, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100