Frontier Group price target raised to $7 from $6 at Barclays

Barclays analyst Brandon Oglenski raised the firm’s price target on Frontier Group (ULCC) to $7 from $6 and keeps an Overweight rating on the shares post the Q3 report. The firm says lower capacity growth for both JetBlue and Frontier are likely to result in higher unit cost inflation but also improved unit revenue performance in 2025 as industry capacity growth moderates and competitor outcomes remain mired in financial stress.