Evercore ISI lowered the firm’s price target on Alaska Air to $60 from $68 and keeps an Outperform rating on the shares. The firm, which is lowering its FY23 and FY24 EPS estimates to $4.50 and $5.50 from $5.20 and $6.25, respectively, sees shares trading at “depressed” levels following the company’s Q3 report.
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