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Alaska Air price target raised to $52 from $51 at TD Cowen

TD Cowen analyst Thomas Fitzgerald raised the firm’s price target on Alaska Air to $52 from $51 and keeps a Buy rating on the shares. The firm noted they issued updated guidance for 3Q results ahead of management meetings at a sell-side conference. They reiterated the outlook for ASM and CASMex but now expect RASM up 2% versus their prior flat to positive view.

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