TD Cowen Maintains Buy on Alaska Air Gr, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Helane Becker maintains a Buy rating on Alaska Air Group (NYSE:ALK) but lowers the price target from $52 to $50.
October 03, 2024 | 12:37 pm
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TD Cowen's analyst Helane Becker maintains a Buy rating on Alaska Air Group but reduces the price target from $52 to $50, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Alaska Air Group's performance, but the lowered price target indicates 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 70
RELEVANCE 100