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Fly News Breaks for August 30, 2018
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Aug 30, 2018 | 09:27 EDT
Buckingham analyst Daniel McKenzie has previously said Spirit Airlines is an underappreciated cost story, but following a visit with Spirit's management he also now views it as an underappreciated revenue story as well. Citing his increased conviction in the pre-tax earnings growth and top line revenue growth following his meeting, McKenzie raised his price target on Spirit Airlines shares to $61 and maintains a Buy rating on the stock.
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