Topic: travel

Analysts Goldman Sachs upgraded Allegiant Travel Company (ALGT) to Buy with a price target of $125, indicating upside potential of 30% following its acquisition of Sun Country Airlines

Goldman Sachs has upgraded Allegiant Travel to a 'buy' rating following its acquisition of Sun Country Airlines, projecting a 30% upside from current prices. This merger is expected to enhance growth opportunities and pricing power in a competitive airline market.