Evercore ISI upgraded Allegiant Travel (ALGT) to Outperform from In Line with a $75 price target Allegiant will refocus 100% of its energy on running a high-performing leisure-focused airline with the expected sale of its Sunseeker Resort this summer, the analyst tells investors in a research note. Allegiant retains a flexible business model with the ability to aggressively shape its capacity to demand supporting profitable growth, the firm says.
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