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Seaport Global Sticks to Their Buy Rating for Allegiant Travel Company (ALGT)

Tipranks - Tipranks - Mon Jun 22, 8:50AM CDT

In a report released today, Daniel Mckenzie from Seaport Global maintained a Buy rating on Allegiant Travel Company, with a price target of $129.00.

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According to TipRanks, Mckenzie is a 3-star analyst with an average return of 2.5% and a 51.57% success rate. Mckenzie covers the Industrials sector, focusing on stocks such as Allegiant Travel Company, Copa Holdings, and Delta Air Lines.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allegiant Travel Company with a $106.67 average price target.

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Based on Allegiant Travel Company’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $732.43 million and a net profit of $42.48 million. In comparison, last year the company earned a revenue of $699.07 million and had a net profit of $32.1 million

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