2024-02-04 06:31:00 ET
Summary
- Sun Country Airlines has experienced a decline in its stock price over the past year, attracting short interest from investors.
- The firm boasts higher margins and better unit economics than most other airlines in the United States, including its ultra-low cost competitors.
- Price target: $25.
Investors should buy shares of Sun Country Airlines ( SNCY ).
Down ~20% over the past year, Sun Country has garnered some short interest from investors looking to benefit from further declines in the firm's stock price. However, Sun Country has subsequently outperformed companies such as Frontier ( ULCC ), Spirit ( SAVE ), and JetBlue ( JBLU ), which are its direct competitors in the discount carrier segment of the passenger airline industry....
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Sun Country Airlines Is Ready For Takeoff