Here’s Why TD Cowen Lowered Price Target on Alaska Air (ALK)
Alaska Air Group, Inc. (NYSE:ALK) is one of the Best Growth Stocks to Buy With Highest Upside Potential. On April 2, TD Cowen lowered the firm’s price target on Alaska Air Group, Inc. (NYSE:ALK) from $66 to $45. The firm noted reducing price targets in the airline group as part of its sector Q1 earnings preview. TD Cowen highlighted that investors are skeptical of the resilience of global travel due to the prolonged fuel price hike and also noted decelerating credit card data. The analysts said in a res ...