SkyWest price target lowered to $98 from $106 at TD Cowen

TD Cowen lowered the firm’s price target on SkyWest (SKYW) to $98 from $106 and keeps a Buy rating on the shares. The firm updated its model following 1Q26 results and management’s latest outlook and revised numbers lower based on higher fuel expenses in its pro-rate flying but also due to a reduced block hour production outlook.