TD Cowen Maintains Hold on Spirit Airlines, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Helane Becker maintains a Hold rating on Spirit Airlines (NYSE:SAVE) and lowers the price target from $4 to $3.

May 07, 2024 | 4:40 pm
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Spirit Airlines' price target was reduced from $4 to $3 by TD Cowen, while maintaining a Hold rating.
The reduction in price target by a reputable analyst like Helane Becker from TD Cowen suggests a bearish outlook on the stock's short-term price movement. Maintaining a Hold rating indicates that the analyst sees limited upside potential or significant risks that could prevent a positive performance. This could lead to negative sentiment among investors, potentially impacting the stock's price negatively in the short term.
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IMPORTANCE 75
RELEVANCE 100