Alaska Air price target raised to $70 from $60 at Barclays

Barclays raised the firm’s price target on Alaska Air (ALK) to $70 from $60 and keeps an Overweight rating on the shares. The firm adjusted targets in the airline group as part of a Q4 outlook. Late 2025 demand momentum coupled with lower industry growth in early 2026 and easy yield comparisons suggest airline guidance “could impress relative to subdued consensus forecasts,” the analyst tells investors in a research note.