Seaport Research raised the firm’s price target on Allegiant Travel (ALGT) to $130 from $107 and keeps a Buy rating on the shares. The firm is raising its price target due to the EPS upside optionality following a merger with Sun Country, the firm tells analysts.
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Read More on ALGT:
- Allegiant Travel price target raised to $105 from $95 at BofA
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- 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
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