Allegiant Travel Company

Hudson is out with its report today on Allegiant Travel Company (NASDAQ: ALGT), lowering its price target from $58 to $55. In a note to clients, Hudson writes, "The trim to our 2011 EPS outlook prompts a change in valuation; reducing our PT to $55 (from $58) based on shares trading at 14x (...

Dahlman Rose has issued a research report on Allegiant Travel Company (NASDAQ: ALGT) after the company reported in-line results for 3Q and elicits 4Q10 and 1Q11 projections that expect growth. In the report, Dahlman Rose writes "Allegiant reported 3Q10 EPS of $0.67 v $0.68 last year, slightly above...

Allegiant Travel Company (NASDAQ: ALGT) is seeing revenues not keeping pace across its markets at the same rate observed in March and April, according to Dahlman Rose. The trend appears to be more flat than showing an increase. As a result, Dahlman is downgrading ALGT to "hold" from "buy" as the...