Deutsche Bank analyst Michael Linenberg raised the firm’s price target on Allegiant Travel to $85 from $75 and keeps a Hold rating on the shares following the Q4 beat. The company is moderating fiscal 2023 capacity growth as it targets margin expansion, the analyst tells investors in a research note.
Published first on TheFly
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- Allegiant Travel price target lowered to $85 from $90 at BofA
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