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

Tipranks - Tipranks - Tue Sep 29, 2:52AM CDT

In a report released today, Brandon Oglenski from Barclays maintained a Buy rating on Allegiant Travel Company, with a price target of $115.00.

According to TipRanks, Oglenski is a 4-star analyst with an average return of 7.2% and a 52.97% success rate. Oglenski covers the Industrials sector, focusing on stocks such as Alaska Air, Allegiant Travel Company, and Delta Air Lines.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allegiant Travel Company with a $129.18 average price target.

See today’s best-performing stocks on TipRanks >>

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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