Positive Report for Allegiant Travel Company (ALGT) from Deutsche Bank
Allegiant Travel Company received a Buy rating and a price target from Deutsche Bank analyst Michael Linenberg today.
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According to TipRanks, Linenberg is a 4-star analyst with an average return of 8.7% and a 53.31% success rate. Linenberg covers the Industrials sector, focusing on stocks such as Allegiant Travel Company, Delta Air Lines, and United Airlines Holdings.
Allegiant Travel Company has an analyst consensus of Moderate Buy, with a price target consensus of $76.09.
Based on Allegiant Travel Company’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $561.93 million and a GAAP net loss of $43.57 million. In comparison, last year the company earned a revenue of $562.2 million and had a GAAP net loss of $36.79 million
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