
UBS raises PT on some U.S. airlines including Allegiant Airlines ALGT.O, United Airlines UAL.O, American Airlines Group AAL.O and Frontier Group ULCC.O
Brokerage says the improving trend in demand and fares has provided an offset to the modest expense pressure for most players
"Based on company feedback, it appears strength was most pronounced in corporate while premium was resilient" - brokerage
Says demand also improved a bit in domestic leisure and main cabin
Including session moves, S&P composite 1500 Passenger Airlines (Industry) .SPCOMALI down 8.2% YTD
Company | New PT | Old PT |
Allegiant Airlines | $65 | $52 |
United Airlines | $131 | $114 |
American Airlines | $13 | $12 |
Frontier Group Holdings | $5 | $3.50 |