B of A Securities Maintains Neutral on Frontier Group Holdings, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Frontier Group Holdings (NASDAQ:ULCC) while lowering the price target from $5.5 to $5.
September 13, 2024 | 5:15 pm
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NEGATIVE IMPACT
B of A Securities has maintained a Neutral rating on Frontier Group Holdings and lowered the price target from $5.5 to $5, indicating a cautious outlook.
The lowering of the price target from $5.5 to $5 by B of A Securities suggests a less optimistic view on Frontier Group Holdings' short-term performance. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target could lead to a negative sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100