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Susquehanna Keeps Their Hold Rating on Frontier Group Holdings (ULCC)

Tipranks - Tipranks - Fri Feb 13, 8:50AM CST

Susquehanna analyst Christopher Stathoulopoulos maintained a Hold rating on Frontier Group Holdings yesterday and set a price target of $5.00.

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Stathoulopoulos covers the Industrials sector, focusing on stocks such as Allegiant Travel Company, Frontier Group Holdings, and Southwest Airlines. According to TipRanks, Stathoulopoulos has an average return of 13.7% and a 58.02% success rate on recommended stocks.

In addition to Susquehanna, Frontier Group Holdings also received a Hold from Deutsche Bank ‘s Michael Linenberg in a report issued on February 10. However, today, Bank of America Securities reiterated a Sell rating on Frontier Group Holdings (NASDAQ: ULCC).

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Based on Frontier Group Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $886 million and a GAAP net loss of $77 million. In comparison, last year the company earned a revenue of $935 million and had a net profit of $26 million

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