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Fly News Breaks for October 26, 2018
ALGT
Oct 26, 2018 | 05:29 EDT
Imperial Capital analyst Michael Derchin lowered his price target for Allegiant Travel Company to $124 to reflect higher fuel prices following the company's Q3 results. While Allegiant laid out a "compelling business case" for its Sunseeker Resort project in Florida, investors are likely to continue being skeptical while the resort is in development, Derchin contends. He keeps an In-Line rating on the shares.
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