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 EDTJPMorgan 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 EDTCowen 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 EDTStifel 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 EDTBofA/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 EDTImperial 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 EDTStifel 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 EDTSpirit 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.
... More