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Bank of America Securities Keeps Their Buy Rating on Sabre (SABR)

Tipranks - Tipranks - Sat Mar 14, 6:58AM CDT

Bank of America Securities analyst Victor Cheng reiterated a Buy rating on Sabre today and set a price target of $2.40.

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According to TipRanks, Cheng is ranked #10133 out of 12067 analysts.

In addition to Bank of America Securities, Sabre also received a Buy from TipRanks – PerPlexity’s PerPlexity Travel Services in a report issued on March 5. However, on March 6, TipRanks – OpenAI reiterated a Hold rating on Sabre (NASDAQ: SABR).

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Based on Sabre’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $666.53 million and a GAAP net loss of $103.1 million. In comparison, last year the company earned a revenue of $714.72 million and had a GAAP net loss of $74.7 million

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