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Fly News Breaks for February 6, 2019
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Feb 6, 2019 | 20:28 EDT
Goldman Sachs analyst Catherine O'Brien upgraded Spirit Airlines to Buy and raised her price target to $85 from $78. The analyst says she expects passenger revenue trends for the company in the first half of the year to be stronger than previously anticipated. O'Brien adds that further non-ticket revenue initiatives will further support the top line as well as earnings, raising her FY19 revenue growth outlook to up 18% from up 14%.
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