Susquehanna raised the firm’s price target on Alaska Air (ALK) to $60 from $50 and keeps a Positive rating on the shares. The firm updated its model following Q2 results and noting commentary across the industry is that demand was seen as accelerating in July versus a DOGE and Liberation Day impaired Q2 while Q4 remains a wait-and-see quarter.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALK:
- “One of its Cleanest Quarters…”: Boeing Stock (NYSE:BA) Slips Despite Gains from Bank of America
- Four flight attendants sue Boeing over 737 MAX 9 panel blowout, Reuters says
- Alaska Air launches new routes connecting California and the Pacific Northwest
- Alaska Air price target raised to $56 from $49 at UBS
- Alaska Air price target raised to $62 from $60 at BofA