BofA downgraded Frontier Group (ULCC) to Underperform from Neutral with a price target of $4, down from $5.
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Read More on ULCC:
- Spirit Airlines (FLYYQ) Eyes Merger With Frontier (ULCC) to Stay Afloat Amid Bankruptcy
- Frontier Airlines (ULCC) Makes a Surprise CEO Move amid Mounting Cost Pressure
- Frontier Group Holdings Announces CEO Departure
- Frontier Group names James Dempsey as interim CEO
- Frontier Group price target raised to $6 from $4 at UBS