TD Cowen lowered the firm’s price target on Alaska Air to $42 from $51 and keeps an Outperform rating on the shares. The firm said the company is performing well keeping controllable costs in line but outsized increases in West Coast fuel is proving to be an unexpected headwind.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ALK:
- Alaska Air price target lowered to $42 from $50 at Barclays
- American Airlines has signed deal with Alaska Air for 10 A321neo aircraft
- Alaska Air (NYSE:ALK) Drops on Q3 Miss
- Options Volatility and Implied Earnings Moves Today, October 19, 2023
- Alaska Air cuts FY23 EPS view to $4.25-$4.75 from $5.50-$7.50, consensus $5.16