Spirit Airlines Reports Third Quarter 2016 Results
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Imperial Capital Raises Price Target on Spirit Airlines (SAVE); Cuts 4Q Estimates
October 26, 2016 7:59 AM EDTImperial Capital reiterated an Outperform rating on Spirit Airlines (NASDAQ: SAVE), and raised the price target to $58.00 (from $51.00), following the company's 3Q earnings report. Imperial raised FY16 EPS estimates to $3.98 from $3.89 on better-than-expected 3Q16 earnings of $1.24 versus $1.08 estimate. 4Q16 EPS estimates were cut to $0.64... More
