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Fly News Breaks for April 18, 2017
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Apr 18, 2017 | 07:53 EDT
Cowen analyst Helane Becker raised her estimates on Spirit Airlines following management's updated Q1 guidance and initial Q2 guidance. The company said they expect to recapture the full impact from the Easter shift in Q2 and suggested that even without the shift, Q2 unit revenue would be positive year-over-year. Becker maintained her Market Perform rating and raised her price target to $62 from $58 on Spirit Airlines shares.
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