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Alaska Air price target raised to $69 from $61 at Citi

Citi raised the firm’s price target on Alaska Air (ALK) to $69 from $61 and keeps a Buy rating on the shares. The firm updated targets in the airlines group as part of a Q4 earnings preview. Citi’s business travel barometer has bottomed, the analyst tells investors in a research note. However, the firm still expects the supermajors to issue “conservative” outlooks for 2026.

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