Alaska Air price target raised to $70 from $52 at Susquehanna

Susquehanna raised the firm’s price target on Alaska Air (ALK) to $70 from $52 and keeps a Positive rating on the shares as part of a Q4 preview. The firm sees a “constructive fundamental backdrop” for the airlines into fiscal 2026. Select carriers will benefit from brand loyalty and diverse revenue streams, the analyst tells investors in a research note.