{
Eric Edge

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ubs lowers alaska air price target to seventy five maintains buy rating

UBS has lowered its price target for Alaska Air Group Inc. to $75 from $87 while maintaining a "Buy" rating, citing weaker first-quarter performance and ongoing consumer softness. Despite a -16.42% YTD return, ALK shows potential with a P/E ratio of 16.86 and projected revenue growth of 26% for FY2025. Additionally, Alaska Air reported strong Q4 2024 earnings, with EPS of $0.97, surpassing expectations, and appointed Eric Edge as Vice President of Brand & Marketing to enhance its marketing strategy.
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Alaska Air Group Inc Delta Air Lines, Inc. Spirit Airlines, Inc. Southwest Airlines Co. United Airlines Holdings Inc Allegiant Travel Company JetBlue Airways Corporation American Airlines Group Inc. USA Eric Edge Thomas Wadewitz Show more
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16:17 20.03.2025
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