Volaris (VLRS) Reports Q1 Miss on Revenues

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Imperial Capital Downgrades Volaris (VLRS) to In-Line

April 23, 2018 4:45 AM EDT

Imperial Capital downgraded Volaris (NYSE: VLRS) from Outperform to In-Line with a price target of $7.50 (from $12.00).

Analyst Mike Derchin cites lower unit revenues and higher jet fuel prices for stepping to the sideline. He also notes a lack of visibility on earnings given... More