Citi analyst John Godyn raised the firm’s price target on Allegiant Travel (ALGT) to $109 from $88 and keeps a Neutral rating on the shares. The firm updated targets in the airlines group as part of a Q4 earnings preview. Citi’s business travel barometer has bottomed, the analyst tells investors in a research note. However, the firm still expects the supermajors to issue “conservative” outlooks for 2026.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALGT:
- CoreWeave initiated, Shopify downgraded: Wall Street’s top analyst calls
- Allegiant Travel price target raised to $90 from $87 at UBS
- Allegiant Travel upgraded to Neutral at BofA in low-cost carrier ratings swap
- Frontier Group cut to Underperform at BofA in low-cost carrier ratings swap
- Allegiant Travel upgraded to Neutral from Underperform at BofA