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Fly News Breaks for July 28, 2017
LUV, SAVE
Jul 28, 2017 | 08:41 EDT
Stifel analyst Joseph DeNardi believes that the 20% decline in Spirit's (SAVE) stock is unjustified, as he believes that the Q3 RASM guidance provided by Spirit and Southwest (LUV) indicate that the pricing environment is not as weak as Spirit indicated. He keeps a $55 price target and a Buy rating on Spirit.
News For SAVE;LUV From the Last 2 Days
SAVE
Apr 17, 2024 | 17:31 EDT
JPMorgan upgraded JetBlue (JBLU) to Neutral from Underweight with a $7 price target. The company is increasingly well-positioned for a modest potential move to the upside based on improving market sentiment, and its upcoming Q2 guide coming next week may exceed consensus, the analyst tells investors in a research note. JetBlue is the second least-liked airline based on sell-side ratings, after Spirit (SAVE), with short interest on the stock also remaining "stubbornly high", the firm added.
SAVE
Apr 16, 2024 | 07:19 EDT
TD Cowen lowered the firm's price target on Spirit Airlines to $4 from $5 and keeps a Hold rating on the shares. The firm updated their 1Q and 2024 estimates for Spirit to incorporate management's latest guidance.