Alaska Air, the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Andrew Didora from Bank of America Securities reiterated a Buy rating on the stock and has a $62.00 price target.
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Andrew Didora has given his Buy rating due to a combination of factors that highlight Alaska Air’s strong fundamentals and promising long-term outlook. Despite recent challenges such as an IT outage and fluctuating fuel prices impacting the 4Q25 earnings, the company’s revenue trends are showing improvement, and the integration with Hawaiian Airlines is progressing better than expected. These positive developments support the decision to maintain a Buy rating, as the long-term prospects remain solid.
Furthermore, while the IT outage in October caused significant disruptions, leading to a lowered earnings forecast for 4Q25, the overall impact is expected to be mitigated by potential declines in fuel costs. Additionally, Alaska Air’s management has reiterated their ambitious 2027 EPS target of $10, driven by synergies from the Hawaiian integration and other strategic initiatives. Although macroeconomic conditions pose some risks, the company’s strategic positioning and operational improvements provide a strong foundation for future growth, justifying the Buy recommendation.
In another report released yesterday, Raymond James also reiterated a Buy rating on the stock with a $65.00 price target.