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Fly News Breaks for September 6, 2017
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Sep 6, 2017 | 06:44 EDT
Citi analyst Kevin Crissey believes Spirit Airlines shares are bottoming after the company lowered Q3 RASM guidance to down 7%-8.5% year-over-year from down 2%-4%. While the company is struggling, the stock traded essentially in-line with the Airline sector yesterday despite its investor update, which is a good sign that the worst for shares may be behind, Crissey tells investors in a research note. He lowered his price target for Spirit, his top pick in the sector, to $48 from $52 and keeps a Buy rating on the name.
News For SAVE From the Last 2 Days
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Apr 15, 2024 | 10:00 EDT
