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TD Cowen Reaffirms Their Buy Rating on Alaska Air (ALK)

Tipranks - Tipranks - Sat Jan 31, 5:52AM CST

In a report released today, Thomas Fitzgerald CFA from TD Cowen reiterated a Buy rating on Alaska Air, with a price target of $63.00.

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According to TipRanks, Fitzgerald CFA is a 5-star analyst with an average return of 21.6% and a 69.77% success rate. Fitzgerald CFA covers the Industrials sector, focusing on stocks such as Alaska Air, JetBlue Airways, and Delta Air Lines.

In addition to TD Cowen, Alaska Air also received a Buy from Deutsche Bank ‘s Michael Linenberg in a report issued on January 26. However, on the same day, TipRanks – OpenAI downgraded Alaska Air (NYSE: ALK) to a Hold.

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Based on Alaska Air’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.63 billion and a net profit of $21 million. In comparison, last year the company earned a revenue of $3.53 billion and had a net profit of $71 million

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