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Barclays Keeps Their Buy Rating on Allegiant Travel Company (ALGT)

Tipranks - Tipranks - Sat Sep 12, 4:42AM CDT

Barclays analyst Brandon Oglenski maintained a Buy rating on Allegiant Travel Company today and set a price target of $115.00.

Oglenski covers the Industrials sector, focusing on stocks such as Alaska Air, Delta Air Lines, and Southwest Airlines. According to TipRanks, Oglenski has an average return of 7.1% and a 52.46% success rate on recommended stocks.

Currently, the analyst consensus on Allegiant Travel Company is a Moderate Buy with an average price target of $132.00.

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Based on Allegiant Travel Company’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $943.49 million and a GAAP net loss of $4.86 million. In comparison, last year the company earned a revenue of $689.38 million and had a GAAP net loss of $65.17 million

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