Susquehanna lowered the firm’s price target on Allegiant Travel to $55 from $60 and keeps a Neutral rating on the shares. The firm updated its estimates ahead of Q2 results and believes an expansion of premium revenue opportunities and whether supply rationalization is a realistic outcome continues to be the debate around US airlines.
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Read More on ALGT:
- Allegiant Travel price target lowered to $45 from $55 at Barclays
- Allegiant Travel price target lowered to $87 from $95 at Morgan Stanley
- Allegiant Travel downgraded to Hold from Buy at Deutsche Bank
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