Citi Initiates a Hold Rating on SkyWest (SKYW)
Citi analyst John Godyn initiated coverage with a Hold rating on SkyWest on December 2 and set a price target of $112.00. The company’s shares closed yesterday at $100.91.
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According to TipRanks, Godyn is an analyst with an average return of -2.5% and a 42.11% success rate. Godyn covers the Industrials sector, focusing on stocks such as Alaska Air, Allegiant Travel Company, and Delta Air Lines.
SkyWest has an analyst consensus of Strong Buy, with a price target consensus of $128.50.
Based on SkyWest’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.05 billion and a net profit of $116.36 million. In comparison, last year the company earned a revenue of $912.79 million and had a net profit of $89.71 million
