JP Morgan Downgrades Frontier Group Holdings to Underweight
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jamie Baker has downgraded Frontier Group Holdings (NASDAQ:ULCC) from Neutral to Underweight.
July 30, 2024 | 10:28 am
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NEGATIVE IMPACT
JP Morgan analyst Jamie Baker has downgraded Frontier Group Holdings from Neutral to Underweight, indicating a negative outlook on the stock.
The downgrade from a major financial institution like JP Morgan is likely to negatively impact investor sentiment and could lead to a short-term decline in ULCC's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100