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Fly News Breaks for July 28, 2017
SAVE
Jul 28, 2017 | 06:38 EDT
BofA/Merrill analyst Andrew Didora downgraded Spirit Airlines to Neutral and lowered its price target to $44 from $68 saying operational issues created by its pilot negotiations has made the company vulnerable to legacy carriers going after its customers and resulting pricing pressures. The analyst believes pressures could linger as long as the pilots dispute remains and lowered his FY17 earnings estimate to $3.67 from $4.41.
News For SAVE 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 17, 2024 | 10:00 EDT
