Susquehanna upgrades Sun Country Airlines on margin expansion

Susquehanna analyst Christopher Stathoulopoulos upgraded Sun Country Airlines (SNCY) to Positive from Neutral with a price target of $20, up from $12. The firm sees a “constructive fundamental backdrop” for the airlines into fiscal 2026. Select carriers will benefit from brand loyalty and diverse revenue streams, the analyst tells investors in a research note. Susquehanna believes Sun Country will see “meaningful” margin expansion into fiscal 2027 from the restoration of its scheduled service and maturing of the Amazon Transportation Security Administration.