ALK - Alaska Air and United upgraded at Wolfe on strong fundamentals for legacy carriers
2024-05-17 09:13:51 ET
With the help of an accelerating corporate recovery, lower regional jet fuel prices, and improving competitive capacity, Wolfe Research upgraded Alaska Air Group ( NYSE: ALK ) to Outperform from Perform and set a price target of $55, a 27% upside to Thursday’s closing price....
Alaska Air and United upgraded at Wolfe on strong fundamentals for legacy carriers