Barclays analyst Brandon Oglenski lowered the firm’s price target on Frontier Group to $6 from $7 and keeps an Overweight rating on the shares post the Q2 report. The company provided weak Q3 pretax margin guidance of negative 6% to 3%, but reductions to late Q3 off-peak routes could support positive RASM into Q4, the analyst tells investors in a research note.
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