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Allegiant Travel Company (ALGT) Gets a Buy from Citi

Tipranks - Tipranks - Sat Jul 25, 8:54PM CDT

In a report released yesterday, John Godyn from Citi reiterated a Buy rating on Allegiant Travel Company, with a price target of $156.00.

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Godyn covers the Industrials sector, focusing on stocks such as Alaska Air, Delta Air Lines, and SkyWest. According to TipRanks, Godyn has an average return of -0.8% and a 48.05% success rate on recommended stocks.

In a report released on July 8, Barclays also resumed coverage with a Buy rating on the stock with a $145.00 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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