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Raymond James Sees Favorable Positioning In Delta Air Lines, But Market Unimpressed
Friday, December 14, 2018 - 12:37pm | 416Read More...The latest Delta Air Lines, Inc. (NYSE: DAL) investor day highlighted sustainability of the company’s earnings through the cycle, and the airline's commentary on near-term demand and long-term positioning was favorable, according to Raymond James. The Analyst Analyst Savanthi Syth...
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Spirit Airlines Lifts Q4 Guidance: The Sell-Side Reacts
Tuesday, November 27, 2018 - 12:35pm | 684Read More...Spirit Airlines Incorporated (NYSE: SAVE) said Monday that it expects its total revenue per available seat mile, or RASM, to rise around 11 percent in the fourth quarter —nearly double its initial guidance of 6 percent. Raymond James, Bank of America Merrill Lynch and JPMorgan issued notes in...
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Allegiant Knocked To Market Perform By Raymond James; Stock Falls 9%
Thursday, October 27, 2016 - 10:10am | 291Read More...Raymond James’ Savanthi Syth believes TRASM recovery is likely to take longer than anticipated for Allegiant Travel Company (NASDAQ: ALGT), “while cost pressures during the transition to a single fleet type are likely to be greater, thus, capping the upside to earnings in the near term...
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Raymond James Upgrades Spirit Airlines To Strong Buy, Weakness Has Created Entry Point With 49% Upside
Thursday, August 4, 2016 - 10:15am | 266Read More...Shares of Spirit Airlines Incorporated (NASDAQ: SAVE) are down 13 percent since July 5. While the recent weakness in shares has created an attractive entry point, the company has tailwinds ahead, Raymond James’ Savanthi Syth said in a report. She upgraded the rating on Spirit Airlines from...
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Raymond James' Airline Analyst Talks Stocks, Capacity And Growth Expectations
Thursday, June 9, 2016 - 11:49am | 275Read More...Raymond James' airline analyst Savanthi Syth was a guest on CNBC's "Squawk On The Street" segment on Thursday to discuss her latest "quarterly seat check" report. According to Syth's checks, unit revenue for the airline industry has fallen 6 percent in the recent quarter, but fuel costs have fallen...
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Why Are Airline Stocks Getting Hurt By Zika Pandemic Fears?
Friday, January 29, 2016 - 12:26pm | 272Read More...While the Zika Virus outbreak in South America may seem isolated from the U.S. economy to this point, consumer fears have already begun impacting the airline industry. In a new report, Raymond James analyst Savanthi Syth takes a look at which airlines could be impacted the most and how much Zika...
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Allegiant Travel Shares In Red On Raymond James Downgrade
Monday, November 30, 2015 - 10:37am | 363Read More...Allegiant Travel Company (NASDAQ: ALGT) shares have appreciated 28.57 percent year-to-date, while declining 7.26 percent over the past three months. Raymond James’ Savanthi Syth has downgraded the rating on the company from Outperform to Market Perform. Given the modest year-on-year earnings...
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Why Raymond James Downgraded Virgin America
Tuesday, September 22, 2015 - 10:09am | 321Read More...Virgin America Inc (NASDAQ: VA) shares are up 26 percent in the past 3 months after touching a low of $27 on June 29. Raymond James’ Savanthi Syth downgraded the rating on the company from Outperform to Market Perform, while raising the price target from $38 to $39. Any upside is...
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Keep An Eye On These 4 Airline Stocks Today
Tuesday, June 9, 2015 - 7:56am | 356Read More...Airline stocks fell sharply on Monday after an analyst said the sector will suffer from slower-than-expected U.S. economic growth as well as industry price skirmishes. Raymond James' Savanthi Syth downgraded American Airlines Group Inc (NASDAQ: AAL) to Market Perform from Outperform...
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UPDATE: Raymond James Downgrades Alaska Air Group, Inc.
Friday, September 5, 2014 - 3:44pm | 91Read More...Shares of Alaska Air Group, Inc. (NYSE: ALK) are trading down following a downgrade from Outperform to Market Perform at Raymond James. Analysts also removed the $55 price target. Savanthi Syth downgraded shares on risk of 2015 EPS from increasing competitive capacity pressure. Syth stated,...
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UPDATE: Raymond James Reiterates on Allegiant Travel Company on Increased EPS Estimates
Monday, March 10, 2014 - 10:30am | 198Read More...In a report published Monday, Raymond James analyst Savanthi Syth reiterated an Outperform rating on Allegiant Travel Company (NASDAQ: ALGT), and raised the price target from $118.00 to $120.00. In the report, Raymond James noted, “Following downward estimate revisions over the past year, we are...










