Allegiant Travel Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)
Portfolio Pulse from Benzinga Insights
In the past three months, 5 analysts have provided ratings for Allegiant Travel (NASDAQ: ALGT), with most being indifferent and one bearish. The average 12-month price target has decreased from $66.50 to $59.6. Analysts from TD Cowen, Barclays, Susquehanna, and UBS have lowered their price targets and ratings.
May 15, 2024 | 6:02 pm
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Analysts have mixed views on Allegiant Travel, with most ratings being indifferent and one bearish. The average 12-month price target has decreased from $66.50 to $59.6, indicating a cautious outlook.
The decrease in the average price target and the presence of a bearish rating suggest a cautious outlook for Allegiant Travel. This could lead to short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100