Barclays Upgrades Alaska Air Gr: Here's What You Need To Know

Barclays upgraded its rating of Alaska Air Gr ALK to Overweight with a price target of $62.00, changing its price target from $54.00 to $62.00.

Shares of Alaska Air Gr are trading down 1.35% over the last 24 hours, at $46.88 per share.

A move to $62.00 would account for a 32.25% increase from the current share price.

About Alaska Air Gr

Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.

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