Susquehanna Maintains Neutral on Allegiant Travel, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Stathoulopoulos maintains a Neutral rating on Allegiant Travel (NASDAQ:ALGT) but raises the price target from $40 to $55.
October 09, 2024 | 2:28 pm
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Susquehanna has maintained a Neutral rating on Allegiant Travel but increased the price target from $40 to $55, indicating a more optimistic outlook.
The increase in price target from $40 to $55 suggests a more positive outlook on Allegiant Travel's future performance, which could lead to a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100