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SAVE

Spirit Airlines

$34.83

-0.08 (-0.23%)

05:20
09/15/17
09/15
05:20
09/15/17
05:20

Spirit Airlines downgraded to Neutral from Overweight at JPMorgan

JPMorgan analyst Jamie Baker downgraded Spirit Airlines to Neutral and lowered his price target for the shares to $37 from $45. The analyst is less confident in Spirit's ability to generate "steady returns and peer-leading margins" amid continued growth in to competitor markets.

  • 27

    Sep

SAVE Spirit Airlines
$34.83

-0.08 (-0.23%)

09/06/17
SBSH
09/06/17
NO CHANGE
Target $48
SBSH
Buy
Spirit Airlines shares are bottoming, says Citi
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.
09/06/17
DBAB
09/06/17
NO CHANGE
Target $42
DBAB
Buy
Deutsche cuts price targets for Spirit Airlines, Delta Air Lines
Following the September quarter updates, Deutsche Bank analyst Michael Linenberg lowered his price target for Spirit Airlines (SAVE) to $42 from $54 and for Delta Air Lines (DAL) to $59 from $62. The analyst cites fuel and pricing pressures but keeps Buy ratings on both names.
08/07/17
BERN
08/07/17
NO CHANGE
BERN
American 'most at risk' from United Continental price actions, says Bernstein
Bernstein analyst David Vernon says that American Airlines (AAL) is "most at risk" from United Continental's (UAL) price cuts. The analyst adds that Spirit (SAVE) will have to give its pilots a 60%-80% raise, possibly putting five to six percentage points of its margins at risk. Vernon keeps Market Perform ratings on American and United.
08/01/17
08/01/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Rockwell Collins (COL) upgraded to Buy from Hold at Canaccord with analyst Ken Herbert saying the selloff when Boeing (BA) said it would establish an avionics unit that could eventually bring more work in-house. 2. American Airlines (AAL) and Spirit Airlines (SAVE) were upgraded to Overweight from Neutral at JPMorgan. 3. Cabot Oil & Gas (COG) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Drew Venker saying Cabot offers "excellent" risk/reward in a volatile oil/gas price environment and said downside is limited from lower gas prices, due to a strong balance sheet and free cash flow. 4. Southern Company (SO) upgraded to Buy from Hold at Deutsche Bank with analyst Jonathan Arnold citing news that Scana (SCG) plans to abandon its two new nuclear units at the V.C. Summer site in South Carolina. 5. National Grid (NGG) upgraded to Buy from Hold at Berenberg with analyst Andrew Fisher citing the selloff in shares which creates favorable risk/reward. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

AGCO

Agco

$73.31

0.34 (0.47%)

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SPX

S&P 500

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S&P 500: Pivot points »

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GDX

Market Vector Gold Miners

$23.50

-0.35 (-1.47%)

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Market Vector Gold Miners: Pivot points »

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GE

General Electric

$24.32

0.12 (0.50%)

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GE shutting down corporate jet fleet in bid to cut costs, WSJ reports »

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  • 02

    Oct

GLD

SPDR Gold Trust

$123.62

-1 (-0.80%)

06:40
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SPDR Gold Trust: Pivot points »

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NUGT

Direxion Gold Miners Bull

$33.69

-1.66 (-4.70%)

06:40
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Direxion Gold Miners Bull: Pivot points »

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JNUG

Direxion Daily Jr Gld Mnrs Bull 3X Shrs

$18.82

-1.03 (-5.19%)

06:39
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Direxion Daily Jr Gld Mnrs Bull 3X Shrs: Pivot points »

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DUST

Direxion Daily Gold Miners Bear 3X ETF

$24.34

1.09 (4.69%)

06:39
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Technical Analysis
Direxion Daily Gold Miners Bear 3X ETF: Pivot points »

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JDST

Direxion Daily Junior Gold Miners Index Bear 3x Shares

$54.48

2.67 (5.15%)

06:38
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Technical Analysis
Direxion Daily Junior Gold Miners Index Bear 3x Shares: Pivot points »

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VXX

iPath S&P 500 VIX Short-Term Futures

$40.98

0.07 (0.17%)

06:37
09/21/17
09/21
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Technical Analysis
iPath S&P 500 VIX Short-Term Futures: Pivot points »

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XIV

VelocityShares Daily Inverse VIX Short-Term ETN

$93.36

-0.23 (-0.25%)

06:37
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Technical Analysis
VelocityShares Daily Inverse VIX Short-Term ETN: Pivot points »

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TVIX

VelocityShares Daily 2x VIX Short-Term ETN

$12.45

0.06 (0.48%)

06:36
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09/21
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Technical Analysis
VelocityShares Daily 2x VIX Short-Term ETN: Pivot points »

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SVXY

ProShares Short VIX Short-Term Futures

$89.64

-0.09 (-0.10%)

06:36
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Technical Analysis
ProShares Short VIX Short-Term Futures: Pivot points »

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ALV

Autoliv

$122.59

1.04 (0.86%)

06:36
09/21/17
09/21
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  • 30

    Oct

USO

United States Oil Fund

$10.24

0.13 (1.29%)

06:35
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09/21
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Technical Analysis
United States Oil Fund: Pivot points »

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XOP

SPDR Oil Exploration and Production Fund

$32.86

0.68 (2.11%)

06:35
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Technical Analysis
SPDR Oil Exploration and Production Fund: Pivot points »

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DGAZ

VelocityShares 3x Inv Natural Gas ETN

$21.73

0.61 (2.89%)

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VelocityShares 3x Inv Natural Gas ETN: Pivot points »

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UGAZ

VelocityShares 3x Long Natural Gas ETN

$13.20

-0.36 (-2.65%)

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VelocityShares 3x Long Natural Gas ETN: Pivot points »

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AMD

AMD

$13.74

0.62 (4.73%)

, NVDA

Nvidia

$185.84

-1.51 (-0.81%)

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AMD

AMD

$13.74

0.62 (4.73%)

NVDA

Nvidia

$185.84

-1.51 (-0.81%)

TSLA

Tesla

$373.91

-1.19 (-0.32%)

03/08/13
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  • 02

    Oct

EWZ

MSCI Brazil Index

$43.19

0.13 (0.30%)

06:34
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MSCI Brazil Index: Pivot points »

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EFA

iShares MSCI EAFE Index Fund

$68.32

-0.15 (-0.22%)

06:33
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Technical Analysis
iShares MSCI EAFE Index Fund: Pivot points »

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JNK

SPDR Barclays High Yield Bond

$37.21

-0.01 (-0.03%)

06:33
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Technical Analysis
SPDR Barclays High Yield Bond: Pivot points »

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SJB

ProShares Short High Yield

$23.19

0.0092 (0.04%)

06:32
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Technical Analysis
ProShares Short High Yield: Pivot points »

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AUO

AU Optronics

$4.19

-0.03 (-0.71%)

06:32
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AU Optronics to continue 'smart investment' policy, DigiTimes reports »

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HYG

iShares iBoxx $ High Yield Corporate Bond

$88.45

-0.01 (-0.01%)

06:32
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iShares iBoxx $ High Yield Corporate Bond: Pivot points »

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