tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Alaska Air price target raised to $62 from $60 at BofA

BofA raised the firm’s price target on Alaska Air (ALK) to $62 from $60 and keeps a Buy rating on the shares as the firm rolls forward its valuation to be based on its 2026 EBTIDAR estimate. Q2 results beat expectations, but Q3 guidance came in lower than the firm expected on higher unit costs, the analyst noted.

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>>

Disclaimer & DisclosureReport an Issue

1