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Fly News Breaks for November 28, 2018
ALK
Nov 28, 2018 | 06:33 EDT
Goldman Sachs analyst Catherine O'Brien added Alaska Air Group to her firm's America's Conviction List while keeping a Buy rating on the shares. After attending the company's investor day, the analyst is encouraged by both its cost outlook for 2019 and its revenue initiatives going forward. She believes Alaska Air's post-merger margins will trend towards the pre-merger Alaska margins. O'Brien raised her price target for the shares to $85 from $81.
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