Deutsche Bank Upgrades Alaska Air Gr to Buy, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Michael Linenberg upgraded Alaska Air Group (NYSE:ALK) from Hold to Buy and increased the price target from $44 to $51.
February 20, 2024 | 11:11 am
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POSITIVE IMPACT
Alaska Air Group was upgraded by Deutsche Bank from Hold to Buy, with a price target increase from $44 to $51.
Upgrades by major financial institutions like Deutsche Bank typically lead to positive short-term price movements due to increased investor confidence and perceived value. The raise in price target further supports a bullish outlook for ALK.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100