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Allegiant Travel price target raised to $90 from $87 at UBS

UBS raised the firm’s price target on Allegiant Travel (ALGT) to $90 from $87 and keeps a Neutral rating on the shares. The setup heading into airline earnings season appears favorable, with Q4 expectations well-calibrated following December pre-releases and government shutdown impacts, the analyst tells investors in a research note. The firm expects bullish Q1 and FY26 outlooks, supported by rebounding demand, modest Q1 capacity growth, easing jet fuel prices, and easier year-over-year demand comparisons starting in February.

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