Information Provided By:
Fly News Breaks for January 23, 2020
Jan 23, 2020 | 08:33 EDT
As uncertainty surrounding both a United Airlines extension and American Airlines performance are largely removed, shares of Mesa Air Group (MESA) should begin to close the current valuation gap with regional peer SkyWest (SKYW) and move towards $13, B. Riley FBR analyst Scott Buck tells investors in a research note. He believes that longer term, Mesa remains well positioned to sign additional flying given its advantageous cost structure to peers. The analyst thinks investors should take advantage of the current "discounted valuation" and maintains a Buy rating on Mesa Air with a $13 price target.
News For MESA;SKYW From the Last 2 Days
Apr 20, 2021 | 07:28 EDT
Raymond James analyst Savanthi Syth raised the firm's price target on Mesa Air to $14 from $10 and keeps an Outperform rating on the shares. Syth sees a compelling risk-reward and believes Mesa will remain an important partner with the opportunity to take on additional flying, the analyst tells investors in a research note.