Analyst Expectations For Frontier Group Holdings's Future
Portfolio Pulse from Benzinga Insights
Analysts have varied opinions on Frontier Group Holdings (NASDAQ:ULCC) with recent ratings showing a mix of 'Somewhat Bullish' and 'Indifferent' sentiments. The average 12-month price target has decreased by 26.37% to $4.97. Analysts from Deutsche Bank, Citigroup, TD Cowen, Susquehanna, and Barclays have all lowered their price targets.
August 09, 2024 | 8:01 pm
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NEGATIVE IMPACT
Analysts have mixed sentiments on Frontier Group Holdings with a notable decrease in the average 12-month price target by 26.37% to $4.97. Key analysts from Deutsche Bank, Citigroup, TD Cowen, Susquehanna, and Barclays have all lowered their price targets.
The decrease in the average 12-month price target by 26.37% and the fact that multiple key analysts have lowered their price targets indicate a bearish short-term outlook for Frontier Group Holdings. This suggests that the stock may face downward pressure in the near term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100