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Barclays Sticks to Its Hold Rating for Allegiant Travel Company (ALGT)

Tipranks - Tipranks - Mon Jan 12, 7:28PM CST

Barclays analyst Brandon Oglenski maintained a Hold rating on Allegiant Travel Company on January 9 and set a price target of $95.00.

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According to TipRanks, Oglenski is a 4-star analyst with an average return of 6.3% and a 50.61% success rate. Oglenski covers the Industrials sector, focusing on stocks such as Alaska Air, FedEx, and United Airlines Holdings.

Allegiant Travel Company has an analyst consensus of Moderate Buy, with a price target consensus of $92.70.

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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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