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Allegiant Travel Company (ALGT) Gets a Hold from Bank of America Securities

Tipranks - Tipranks - Tue Oct 6, 6:04AM CDT

In a report released today, Andrew Didora from Bank of America Securities maintained a Hold rating on Allegiant Travel Company, with a price target of $85.00.

Didora covers the Industrials sector, focusing on stocks such as Alaska Air, American Airlines, and Allegiant Travel Company. According to TipRanks, Didora has an average return of 1.7% and a 54.22% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allegiant Travel Company with a $126.91 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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