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Stock Market & Financial Investment News

News Breaks
February 5, 2013
19:34 EDTALGTAllegiant Travel reports preliminary January traffic
Reports total system revenue passenger miles up 12.1%, available seat miles up 15.1%. Reports January load factor decreased 2.2%, departures decreased 1.3%, and total passengers increased 5.2%.
News For ALGT From The Last 14 Days
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December 15, 2014
07:57 EDTALGTDeutsche ups targets on Airlines amid lower fuel prices
Deutsche Bank expects 2015 to be an even stronger year than 2014 for Airline stocks and believes carriers will continue to "share their growing wealth with their stakeholders." Deutsche sees lower fuel prices and reduced interest expense providing benefits in 2015. The firm raised its price target for Allegiant Travel (ALGT) to $174 from $150, for Hawaiian Holdings (HA) to $27 from $19, for JetBlue (JBLU) to $21 from $17, for Southwest (LUV) to $55 from $46, for Spirit Airlines (SAVE) to $95 from $85, for United Continental (UAL) to $80 from $50, for American Airlines (AAL) to $67 from $54 and for Alaska Air (ALK) to $53 from $42.50. Deutsche keeps a $60 price target on shares of Delta Air Lines (DAL). The firm has a Buy rating on all name in the space save for Alaska Air, which it rates Sell.
December 10, 2014
18:00 EDTALGTAllegiant Travel appoints Steve Harfst as COO of Allegiant Air
Allegiant has elected Steve Harfst to the post of Chief Operating Officer of Allegiant Air, effective January 1, 2015.
10:00 EDTALGTOn The Fly: Analyst Downgrade Summary
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05:32 EDTALGTAllegiant Travel downgraded to Underweight from Overweight at Barclays
Barclays downgraded Allegiant Travel two notches to Underweight from Overweight saying better options exist in the airlines space for earnings growth amid lower oil prices. The firm raised its price target for shares to $145 from $140.
December 5, 2014
05:17 EDTALGTAllegiant Travel sees 1Q15 system departures up 3%-7%
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05:15 EDTALGTAllegiant Travel sees Q4 system departures up 11%-13%
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05:12 EDTALGTAllegiant Travel sees Dec. scheduled departures up 4%
Sees December ASMs up 4%.
05:11 EDTALGTAllegiant Travel reports Nov. scheduled service passengers up 13% to 616,038
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