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Barclays Sticks to Their Buy Rating for Frontier Group Holdings (ULCC)

Tipranks - Tipranks - Tue Jan 13, 3:28AM CST

Barclays analyst Brandon Oglenski maintained a Buy rating on Frontier Group Holdings today and set a price target of $6.00.

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According to TipRanks, Oglenski is a 4-star analyst with an average return of 6.3% and a 50.61% success rate. Oglenski covers the Industrials sector, focusing on stocks such as Alaska Air, FedEx, and Southwest Airlines.

The word on The Street in general, suggests a Hold analyst consensus rating for Frontier Group Holdings with a $5.25 average price target.

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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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