UBS Keeps Their Buy Rating on Alaska Air (ALK)
UBS analyst Atul Maheswari maintained a Buy rating on Alaska Air today and set a price target of $60.00.
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According to TipRanks, Maheswari is ranked #10962 out of 12068 analysts.
In addition to UBS, Alaska Air also received a Buy from Barclays’s Brandon Oglenski in a report issued today. However, on the same day, TipRanks – Google reiterated a Hold rating on Alaska Air (NYSE: ALK).
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
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ALK in relation to earlier this year. Last month, Andrew R. Harrison, the EVP AND CCO of ALK sold 5,500.00 shares for a total of $311,465.00.
Read More on ALK:
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- Alaska Air price target lowered to $54 from $63 at TD Cowen
