Barclays analyst Brandon Oglenski lowered the firm’s price target on Allegiant Travel (ALGT) to $60 from $100 and keeps an Equal Weight rating on the shares as part of a Q1 earnings preview for the North America airlines. The firm updated 2025 and 2026 estimates to reflect the lower demand run-rate evident in the Q1 guidance updates.
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Read More on ALGT:
- Allegiant Travel price target lowered to $56 from $92 at Goldman Sachs
- Allegiant Travel price target lowered to $50 from $95 at Susquehanna
- Allegiant Travel price target lowered to $45 from $61 at UBS
- Analysts Are Cautious on United Airlines Stock (UAL) Ahead of Q1 Earnings
- Allegiant Travel price target lowered to $50 from $95 at BofA
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