Major airlines survived what was likely the worst quarter in modern aviation history. The carriers lost billions of dollars, as expected, and the theme that emerged is that their recovery stalled in July as Covid-19 cases rose and states imposed quarantine measures.
Baker also sees more risk than reward in shares of Spirit Airlines , rating it Underweight. However, he did raise his price target on Southwest Airlines to $41 from $40, maintaining a Neutral rating. And he has an Overweight on Alaska Air Group , raising his price target to $55 from $54. Cowen’s Helane Becker trimmed her price target on Southwest to $39 from $40, but maintained her Outperform rating. “Southwest has an industry leading balance sheet giving us little concern they can weather the storm,” she writes. “The company remains a relatively good place to hide and also participate in a recovery, given their willingness to leave capacity in the market longer than others.”
He’s more optimistic about Southwest, reiterating a $41 price target, writing that the company’s “overall cash flow picture improved.”
No recovery soon according to our models
When Americans aren’t the black sheep of the world and we can go international again, stocks go up. Until then...short the rip
Buffett didnt sold his airlines stock for nothing...
این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:
ایران آخرین اخبار, ایران سرفصلها
Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.
Here are First American's Jerry Braakman five favorite tech stocks - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »
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منبع: Forbes - 🏆 394. / 53 ادامه مطلب »
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منبع: Reuters - 🏆 2. / 97 ادامه مطلب »
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منبع: Forbes - 🏆 394. / 53 ادامه مطلب »
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منبع: CNBC - 🏆 12. / 72 ادامه مطلب »
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منبع: CNBC - 🏆 12. / 72 ادامه مطلب »