Susquehanna raised the firm’s price target on Allegiant Travel (ALGT) to $50 from $45 and keeps a Neutral rating on the shares. The firm noted they reportee Q2 results above consensus which drove the update of its model and with the sale of the Sunseeker Resort expected to close in 3Q, the company’s focus shifts back to its core airline business, ending a challenging chapter for the company and, importantly, simplifying its operations.
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Read More on ALGT:
- Allegiant Travel Reports Strong Operational Performance in Q2 2025
- Allegiant Travel Reports Q2 2025 Financial Results
- Allegiant Travel reports Q2 adjusted EPS $1.23, consensus 85c
- Allegiant Travel sees Q3 adusted EPS ($2.75)-($1.75), consensus ($1.63)
- Allegiant Travel sees 2025 adusted EPS above $2.75, consensus $2.54