SkyWest shares are trading higher after the company reported better-than-expected Q3 financial results and Raymond James raised its price target on the stock from $100 to $114.
Portfolio Pulse from Benzinga Newsdesk
SkyWest shares rose following the release of better-than-expected Q3 financial results. Additionally, Raymond James increased its price target for the stock from $100 to $114.
November 01, 2024 | 7:43 pm
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POSITIVE IMPACT
SkyWest shares increased due to strong Q3 financial results and a raised price target by Raymond James from $100 to $114.
The better-than-expected Q3 results indicate strong financial performance, which is a positive signal for investors. The raised price target by Raymond James further supports a bullish outlook, likely leading to increased investor confidence and a rise in stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100