Fly News Breaks for April 24, 2018
VLRS
Apr 24, 2018 | 09:29 EDT
As previously reported, Morgan Stanley analyst Josh Milberg upgraded Volaris to Overweight from Equal Weight, as he sees an attractive 12-18 month valuation case for the shares given their 35% selloff to an all-time low. He thinks results will stay weak in the near to mid-term, but Milberg believes Volaris has the balance sheet to withstand the headwinds. He lowered his price target on Volaris shares to $8.00 from $9.30.
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.