BofA raised the firm’s price target on Alaska Air (ALK) to $70 from $60 and keeps a Buy rating on the shares. The company’s investor day targets “did not disappoint,” with 2025 EPS guidance, revised synergies, and network opportunities around the combined Hawaiian entity “all meaningfully better than expected,” the analyst tells investors. Following the investor day event, the firm raised its 2025/2026 earnings estimates.
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Read More on ALK:
- Alaska Air price target raised to $70 from $55 at Evercore ISI
- Alaska Air price target raised to $81 from $72 at UBS
- Alaska Air price target raised to $90 from $51 at Deutsche Bank
- Alaska Air price target raised to $85 from $58 at JPMorgan
- Alaska Air price target raised to $90 from $70 at Morgan Stanley
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