Susquehanna Maintains Neutral Rating for Frontier Group Holdings: Here's What You Need To Know

Susquehanna has decided to maintain its Neutral rating of Frontier Group Holdings ULCC and lower its price target from $10.00 to $9.00.

Shares of Frontier Group Holdings are trading down 2.09% over the last 24 hours, at $7.74 per share.

A move to $9.00 would account for a 16.35% increase from the current share price.

About Frontier Group Holdings

Frontier Group Holdings Inc is an ultra low-cost carrier whose business is focused on Low Fares Done Right. The company owns fleet of 120 Airbus single-aisle aircraft, consisting of 13 A320ceos, 82 A320neos, 21 A321ceos and 4 A321neos. The use of these aircraft, its seating configuration, weight-saving tactics and baggage process have all contributed to ability to continue to be the fuel-efficient of all the U.S. The Company is managed as a single business unit that provides air transportation for passengers.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.