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Spirit Airlines price target lowered to $17 from $20 at Susquehanna

Susquehanna analyst Christopher Stathoulopoulos lowered the firm’s price target on Spirit Airlines to $17 from $20 and keeps a Neutral rating on the shares. The firm updated its model following Q2 results nting there has been a marked shift in sentiment away from US domestic-focused carriers, with views incrementally more bearish through the cost curve.

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