Evercore ISI raised the firm’s price target on Allegiant Travel (ALGT) to $125 from $120 and keeps an Outperform rating on the shares. Q4 results ahead of expectations and a stronger Q1 view creates upward pressure on initial fiscal year guidance, the analyst tells investors in a post-earnings note.
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Read More on ALGT:
- Allegiant Travel: Strong Execution and Upgraded Outlook Largely Priced In, Justifying a Balanced Hold Rating
- Allegiant Travel price target lowered to $109 from $114 at Citi
- Allegiant Travel price target raised to $102 from $90 at UBS
- Allegiant Travel targets 2026 margin and EPS growth
- Allegiant Travel sees Q1 adjusted EPS $2.50-$3.50, consensus $2.30