Susquehanna Downgrades Alaska Air Gr to Neutral, Announces $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Danely downgraded Alaska Air Group (NYSE:ALK) from Positive to Neutral and set a price target of $40.
January 10, 2024 | 10:12 am
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NEGATIVE IMPACT
Alaska Air Group was downgraded by Susquehanna from Positive to Neutral with a $40 price target.
Downgrades by analysts can lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The new price target of $40 may also suggest a limited upside potential from the current market price, influencing investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100