Fly News Breaks for February 20, 2018
VLRS
Feb 20, 2018 | 06:37 EDT
Citi analyst Stephen Trent upgraded Volaris to Buy and raised his price target for the shares to $10.50 from $9. The analyst cites his firm's expectations for a stronger peso, easier traffic comps and the stock's "significant underperformance" over most of the past year for the upgrade. The election of a market-friendly candidate in Mexico this July could mean further peso appreciation, Trent tells investors in a research note.
News For VLRS From the Last 2 Days
VLRS
Apr 23, 2024 | 10:00 EDT
Volaris is up 13.7%, or $1.09 to $9.12.
VLRS
Apr 23, 2024 | 05:49 EDT
Sees FY24 EBITDAR margin 32%-34%. Sees FY24 capital expenditures $400M. Sees FY24 average jet fuel price $2.60-$2.70.