Fly News Breaks for April 25, 2019
Apr 25, 2019 | 07:17 EDT
As previously reported, BofA/Merrill downgraded Spirit Airlines to Neutral from Buy and cut its price target to $61 from $71 following the Q1 revenue miss and Q2 guidance below forecasts. Analyst Andrew Didora said industry pricing has not improved and sees some cost pressures that limit upside potential.
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