Allegiant Travel Company (ALGT) PT Lowered to $60 at TD Cowen

TD Cowen analyst Helane Becker lowered the price target on Allegiant Travel Company (NASDAQ: ALGT) to $60.00 (from $65.00) while maintaining a Hold rating.

The analyst commented, "We update our estimates for ALGT to reflect actual 1Q24 results guidance for 2Q24 and the latest commentary from management on the remainder of the year and 2025. Our report on 1Q24 results and the call can be found here . We maintain our Hold rating and lower our PT to 60/share or 5.3x 2025 EV/EBITDAR."

You May Also Be Interested In

• Veritone (VERI) PT Lowered to $5 at Needham
• Brinker Int'l (EAT) PT Raised to $310 at BofA Securities
• Jefferson Capital (JCAP) PT Raised to $24 at Raymond James