Frontier Group price target raised to $9 from $7 at Barclays

Barclays raised the firm’s price target on Frontier Group to $9 from $7 and keeps an Overweight rating on the shares as part of a Q1 earnings preview on the airlines group. Airline reporting season may be dominated by higher fuel prices, a near-term focus on likely negative unit-revenue outlooks, elevated capacity growth in Q2, cost challenges from Boeing delays, but also long-term potential to improve yields for most airlines set against lo stock valuations in the sector, the analyst tells investors in a research note.