Citigroup Maintains Buy on Alaska Air Gr, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Stephen Trent maintains a Buy rating on Alaska Air Group (NYSE:ALK) but lowers the price target from $51 to $48.
August 29, 2024 | 4:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Citigroup analyst Stephen Trent maintains a Buy rating on Alaska Air Group but lowers the price target from $51 to $48, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in Alaska Air Group's performance, but the lowered price target reflects a slightly reduced expectation for future stock price appreciation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100