Deutsche Bank Downgrades Regional Airlines Stocks ALGT & ALK; Shares Close Lower

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January 10, 2012 5:19 PM EST
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Price: $40.41 +0.57%

Rating Summary:
    23 Buy, 3 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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This morning, Deutsche Bank downgrades Regional Airlines stocks Alaska Air Group (NYSE: ALK) and Allegiant Travel (Nasdaq: ALGT), but maintained previous price targets of $80 and $54, respectively. Both stocks closed down today around between 1.1-1.4%.

Other regional carriers ended higher today, including Southwest (NYSE: LUV) up 1.40%, Spirit Airlines (Nasdaq: SAVE) up 0.40%, JetBlue (Nasdaq: JBLU) up 7.05%, Republic Airways (Nasdaq: RJET) up 4.27%, and Hawaiian Holdings (NYSE: HA), up 3.12%.

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