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Airline Sector Deals With Multiple System-Wide Outages
Monday, April 1, 2019 - 8:28am | 385Several U.S.-based airliners confirmed they were affected by system-wide computer outages Monday morning. What Happened Airliners including Southwest Airlines Co (NYSE: LUV), Delta Air Lines, Inc. (NYSE: DAL), American Airlines Group Inc (NASDAQ: AAL), United Continental Holdings Inc (NASDAQ: UAL)...
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Southwest Airlines Lowers ASM Growth Guidance
Wednesday, March 27, 2019 - 9:25am | 347Shares of Southwest Airlines Co (NYSE: LUV) traded marginally lower Wednesday morning after management revised its revenue outlook lower. What Happened Southwest lowered its revenue per available seat growth from 3-4 percent to a new range of 2-3 percent for the first quarter. The revision follows...
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Morgan Stanley Expects Sabre To See 'Minimal Disruption' From 737 Max Grounding
Monday, March 18, 2019 - 10:00am | 377Technology provider to the travel industry, Sabre Corp (NASDAQ: SABR) is likely to see "minimal disruption" to its business from the grounding of Boeing Co (NYSE: BA)'s 737 Air Max, according to Morgan Stanley. The Analyst Morgan Stanley's Brian Essex maintains an Equal-weight...
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Southwest Airlines Shares Fall After Downward Revision To Revenue Outlook
Wednesday, February 20, 2019 - 9:50am | 339Shares of Southwest Airlines Co (NYSE: LUV) fell more than 4 percent Wednesday morning after the company said the U.S. government shutdown will impact first-quarter revenue more than previously expected. Southwest Airlines said in a regulatory filing it has revised its estimated negative...
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Deutsche Bank's Airline Update: Delta, American Upgraded To Buy
Wednesday, October 17, 2018 - 9:52am | 482A bullish thesis for Delta Air Lines, Inc. (NYSE: DAL) and American Airlines Group Inc (NASDAQ: AAL) is justified after metrics in their earnings reports came in ahead of optimistic projections, according to Deutsche Bank. The Analyst Deutsche Bank's Michael Linenberg upgraded Delta Air...
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Imperial Capital Turns Bullish On Alaska Air
Thursday, September 27, 2018 - 2:18pm | 370The bullish case for Alaska Air Group, Inc. (NYSE: ALK), a U.S.-based airliner that flies to more than 115 destinations across the U.S., Mexico, Canada and Costa Rica, can now be made, according to Imperial Capital. The Analyst Imperial Capital's Michael Derchin upgraded Alaska Air from In-Line...
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Macquarie Cites Valuation Concerns In United Continental Downgrade
Tuesday, September 18, 2018 - 1:39pm | 461Shares of United Continental Holdings Inc (NASDAQ: UAL) have seen consistent momentum since July, and the company is the only airliner stock trading near an all-time high. Investors may want to consider taking some profit off the table and rotate into rival stocks with a better ...
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Analyst: Delta Air Lines Deserves A Higher Valuation
Friday, April 20, 2018 - 10:48am | 381The case for incremental bullishness on Delta Air Lines, Inc. (NYSE: DAL) is partly due to an unfair valuation assigned to its stock, according to Morgan Stanley. The Analyst Morgan Stanley's Rajeev Lalwani maintains an Overweight rating on Delta Air Lines' stock with a price...
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Imperial Capital Turns Bullish On Spirit Airlines: Here's Why
Wednesday, February 7, 2018 - 10:58am | 410Shares of Spirit Airlines Incorporated (NYSE: SAVE) have lost more than 25 percent over the past year. The airline's fourth-quarter results led an Imperial Capital analyst to conclude that Spirit shares are trading at a discount. The Analyst Imperial Capital's Michael Derchin...
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Southwest Is the 'Best-In-Class' US Airline, In This Analyst's View
Thursday, December 14, 2017 - 2:41pm | 322By many measures 2017 was a decent year for airline investors, but heading into 2018 one name sticks out as best in class: Southwest Airlines Co (NYSE: LUV). The Analyst Atlantic Equities' Lindsay Bettiol upgraded Southwest Airlines' stock from Neutral to Overweight with a price...
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Cramer: The Bull Market Is Fueled By These 7 Negative Catalysts That Turned Positive
Sunday, October 8, 2017 - 5:34pm | 505Many market veterans with decades of experience on Wall Street are struggling to explain the strength of the stock market at a time when the news is full of concerning headlines, CNBC's Jim Cramer suggested during his daily "Mad Money" show recently. In fact, the level of optimism appears to be "...
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Why North Korean Tensions Are To Blame For Hawaiian Holdings Stock Downgrade
Tuesday, September 26, 2017 - 11:59am | 306Ongoing political tension and the threat of war with North Korea is reason enough for analysts at Buckingham Research Group to downgrade Hawaiian Holdings, Inc. (NASDAQ: HA). The firm's Daniel McKenzie downgrades Hawaiian Holdings' stock rating from Buy to Neutral with a price target slashed from $...
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Here's What Grounded JetBlue's Rating At Buckingham
Wednesday, July 26, 2017 - 12:15pm | 369Analysts at Buckingham Research Group no longer hold a bullish rating on JetBlue Airways Corporation (NASDAQ: JBLU) due to the ongoing negotiations between pilots and management and competitive concerns. Daniel McKenzie downgraded JetBlue's stock from Buy to Neutral with a price target lowered...
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Delta Scolds Ann Coulter Following Twitter Rant, $30 Refund
Monday, July 17, 2017 - 8:45am | 347Conservative author and political commentator Ann Coulter took to Twitter Inc (NYSE: TWTR) last week to express her disappointment with Delta Air Lines, Inc. (NYSE: DAL). Coulter first Tweeted that she was "kicked out of a carefully pre-booked seat to a less desirable seat, without explanation...
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What Is The 'Dow Theory Buy Signal' And Why Should Investors Care?
Saturday, July 15, 2017 - 10:40am | 384The classic "Dow Theory buy signal" isn't a tell-all sign of market direction, but it is closely watched by many professionals. The theory holds that if transportation stocks move higher than the broader market will follow suit, Matt Maley, an equity strategist at Miller Tabak...