Spirit Airlines (SAVE) PT Lowered to $54 at Deutsche Bank

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JPMorgan Upgrades Spirit Airlines (SAVE) to Overweight

August 1, 2017 5:24 AM EDT

JPMorgan upgraded Spirit Airlines (NASDAQ: SAVE) from Neutral to Overweight with a price target of $45.00 (from $56.00).

Analyst Jamie Baker sees opportunity for improvement in the company over the coming six months as the company addresses shortcoming in its deployment of the ULCC model... More

Spirit Airlines (SAVE) PT Lowered to $45 at Cowen; Reiterates Market Perform

July 28, 2017 8:19 AM EDT

Cowen lowered its price target on Spirit Airlines (NASDAQ: SAVE) to $45.00 (from $59.00) while maintaining a Market Perform rating. Analyst Helane Becker believes that Spirit will deal with pricing pressure in core markets, while also dealing with pilots disrupting their operation.

Spirit forecasts... More

Spirit Airlines (SAVE) PT Lowered to $55 at Stifel on 2Q Report; '3Q RASM Guidance Actually OK... Pricing Environment Has Worsened'

July 28, 2017 7:43 AM EDT

Stifel lowered its price target on Spirit Airlines (NASDAQ: SAVE) to $55.00 (from $75.00) while maintaining a Buy rating, following the company's second quarter earnings announcement.

Analyst Joseph DeNardi notes the company delivered second quarter earnings per share results above consensus projections, despite missing on... More

BofA/Merrill Lynch Downgrades Spirit Airlines (SAVE) to Neutral

July 28, 2017 6:15 AM EDT

BofA/Merrill Lynch downgraded Spirit Airlines (NASDAQ: SAVE) from Buy to Neutral with a price target of $44.00 (from $68.00).

Analyst Andrew Didora has concerns regarding operational issues birthing more competitive pressures for the airliners. He also notes that the pricing environment has... More

UPDATE: UPDATE: Citi Upgrades Spirit Airlines (SAVE) to Buy

July 28, 2017 5:58 AM EDT

(Updated - July 28, 2017 6:42 AM EDT)

(updated to correct rating)

Citi upgraded Spirit Airlines (NASDAQ: SAVE) from Neutral to Buy with a price target of $52.00 (from $65.00).

Analyst Kevin Crissey believes the current valuation is the entry point he's been... More

Imperial Capital Downgrades Spirit Airlines (SAVE) to In-Line

July 28, 2017 5:24 AM EDT

Imperial Capital downgraded Spirit Airlines (NASDAQ: SAVE) from Outperform to In-Line with a price target of $42.00 (from $75.00).

Analyst Mike Derchin cites lower unit revenues and higher non-fuel unit costs for the downgrade. He expects earnings to come under pressure through FY 2018 on the heels... More

Spirit Airlines (SAVE) Sell-Off an Over-Reaction - Stifel

July 27, 2017 10:30 AM EDT

Stifel analyst weighed in on Spirit Airlines (NASDAQ: SAVE) on the sell-off, calling the magnitude of the sell off is an over reaction.

Analyst Joseph DeNardi commented, "Spirit provided guidance for weaker than expected 3Q TRASM and cited more aggressive pricing... More

Spirit Airlines (SAVE) Tops Q2 EPS by 4c

July 27, 2017 6:34 AM EDT

Spirit Airlines (NASDAQ: SAVE) reported Q2 EPS of $1.14, $0.04 better than the analyst estimate of $1.10. Revenue for the quarter came in at $701.7 million versus the consensus estimate of $702.29 million.

For earnings history and earnings-related data on Spirit Airlines (SAVE) click here.

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