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Why 2 Spirit Airlines Analysts Are No Longer Bullish After Q4 Results
Thursday, February 11, 2021 - 12:55pm | 387Spirit Airlines Incorporated (NYSE: SAVE) shares were trading lower Thursday after the airline landed two Wall Street analyst downgrades. The Analysts: Vertical Research analyst Darryl Genovesi downgraded Spirit from Buy to Hold and set a $34 price target. Seaport Global analyst Daniel McKenzie...
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Dow Jones, Wall Street Journal Reporting Alaska Air To Buy Virgin America
Saturday, April 2, 2016 - 3:59pm | 548Citing people familiar with the matter, the Dow Jones has reported in its Wall Street Journal that Alaska Air Group, Inc. (NYSE: ALK) is likely to be the purchaser of Virgin America Inc (NASDAQ: VA) in an ongoing auction for the airliner. "The company is nearing a deal to buy Virgin America after...
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UBS Cautious Into Airliners' Q1
Friday, April 1, 2016 - 11:44am | 437UBS said its first quarter EPS estimate for airlines are below consensus. It also noted it will be difficult for airline stocks to maintain their upward momentum through preliminary first quarter results beginning with Delta Air Lines, Inc. (NYSE: DAL) on Monday. Analyst Darryl Genovesi, citing...
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Math Shows A JetBlue Or Alaska Air Merger With Virgin Is 15% Accretive
Wednesday, March 30, 2016 - 9:34am | 319Virgin America Inc (NASDAQ: VA) is reportedly considering a sale of its operations, while JetBlue Airways Corporation (NASDAQ: JBLU) and Alaska Air Group, Inc (NYSE: ALK) have emerged as potential bidders. UBS’ Darryl Genovesi believes such a deal will result in a modest slowdown in the...
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UBS Cuts Spirit AeroSystems, Warns 'We're Close To The Peak'
Friday, February 19, 2016 - 10:51am | 301On Friday, UBS issued a report on Spirit AeroSystems Holdings, Inc. (NYSE: SPR), with analysts believing there is limited upside from the company's current stock price. Analysts at UBS downgraded Spirit AeroSystems from Buy to Neutral and lowered their price target from $65 to $48. David Strauss...
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UPDATE: UBS Upgrades Huntington Ingalls Industries
Monday, August 11, 2014 - 12:41pm | 111In a report released Monday, UBS analyst Darryl Genovesi upgrades Huntington Ingalls Industries (NYSE: HII) from Neutral to Buy, with a price target of $109. Analysts at UBS believe Huntington will recover from its recent underperformance within the defensive sector. Genovesi adds to the note...