BofA raised the firm’s price target on Alaska Air (ALK) to $70 from $62 and keeps a Buy rating on the shares. Delta (DAL) kicks off airline earnings on January 13 and the firm believes Q4 earnings season and 2026 full year guidance will set an early tone for the stocks, says the analyst. The firm sees a constructive fundamental backdrop for airline stocks into 2026 and expects the structural re-shaping of the industry continues, the analyst tells investors in a year ahead preview for the group.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALK:
- Narrowbody Production on the Way Back, Boeing Stock (NYSE:BA) Notches Up
- Hawaiian Airlines announces $600M investment plan over five years
- Alaska Air price target raised to $71 from $65 at Raymond James
- Spirit Airlines (FLYYQ) Eyes Merger With Frontier (ULCC) to Stay Afloat Amid Bankruptcy
- AAL, UAL, DAL: UBS Slaps ‘Buy Ratings’ on U.S. Airlines as It Turns Bullish on Travel