Evercore analyst Duane Pfennigwerth maintains $Allegiant Travel (ALGT.US)$ with a hold rating, and adjusts the target price from $60 to $65.
According to TipRanks data, the analyst has a success rate of 42.2% and a total average return of -2.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Allegiant Travel (ALGT.US)$'s main analysts recently are as follows:
The review of Allegiant Travel's financial estimates comes ahead of the Q3 reports. It was observed that there was a significant change in domestic unit revenue in September. The anticipated improvement in supply that has been discussed for multiple quarters has now transitioned from being a projected outlook to actual guidance upgrades issued by various airlines. Despite this, the sentiment and stock performance are still experiencing more fluctuations than the actual earnings figures suggest.
The firm has revised its estimates for Allegiant Travel in anticipation of the upcoming results, suggesting that the current consensus estimates appear outdated and predicting an upward trend in the figures throughout October.
Note:
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