Allegiant Travel price target lowered to $90 from $102 at UBS

UBS analyst Atul Maheswari lowered the firm’s price target on Allegiant Travel (ALGT) to $90 from $102 and keeps a Neutral rating on the shares. Several airlines are expected to preannounce early this week, with most likely guiding Q1 results toward the midpoint of prior outlooks, the analyst tells investors in a research note. Although fuel prices spiked in early March, limited inventory exposure should cushion the EPS impact, and solid demand trends may support RASM, while FY26 guidance could be suspended amid ongoing fuel cost uncertainty, the firm says.