Allegiant Travel reports preliminary February traffic Reports total system passengers up 3.7% vs. February 2012. Reports revenue passenger miles up 11.4%, and available seat miles up 11.5%, against February 2012. Reports load factor unchanged against February 2012.
Allegiant Travel upgraded to Equal Weight from Underweight at Barclays Barclays upgraded Allegiant Travel to Equal Weight citing easing labor risks. The firm raised its price target for shares to $200 from $167.