Evercore ISI Group Maintains Outperform on Alaska Air Gr, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on Alaska Air Group (NYSE:ALK) but has lowered the price target from $60 to $55.
October 03, 2024 | 12:56 pm
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Evercore ISI Group has maintained an 'Outperform' rating on Alaska Air Group but reduced the price target from $60 to $55, indicating a slightly less optimistic outlook.
The maintenance of an 'Outperform' rating suggests continued confidence in Alaska Air Group's performance, but the lowered price target indicates a tempered outlook, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100