Alaska Air downgraded to Neutral from Overweight at JPMorgan JPMorgan downgraded Alaska Air to Neutral citing Delta competitive capacity and more compelling risk/rewards in the space. The firm lowered its price target for shares to $53.50 from $56.50.
Alaska Air downgraded to Underweight from Neutral at JPMorgan JPMorgan downgraded Alaska Air to Underweight saying competition in the company's markets is likely to increase and that it sees greater upside potential in peers. The firm lowered its price target for shares to $51 from $53.50.
Alaska Air downgraded at Buckingham As previously reported, Buckingham downgraded Alaska Air (ALK) to Neutral from Buy. The analyst sees increased risk next year to Delta's (DAL) new focus on domestic capacity in Seattle.