Vetr Top Raters Downgrade Spirit Airlines And Virgin America, Still Like Stocks

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Many investors hold bullish views towards airline stocks, particularly as expectations are high that low fuel costs can help boost margins. However, Vetr top raters downgraded 2 airline names recently.
Virgin America Downgraded To 4-StarsVetr top raters downgraded Virgin America Inc VA's stock rating to 4-stars out of a possible 5-stars. In fact, shares of Virgin America have fallen to $31.51 since the prior rating of 4.5-stars was issued just 3 days ago. Despite a downgrade, Virgin America's stock rating remains in bullish territory and 87 percent of the crowd's ratings are bullish. In addition, the crowd sourced price target of $34.70 implies a potential upside of more than 14 percent. Related link: Here's how crowdsourced ratings can beat the market. Spirit Airlines Downgraded To 4-Stars Vetr top raters have also downgraded Spirit Airlines Incorporated SAVE's stock to 4-stars out of a possible 5-stars. Shares of Spirit Airlines have risen to $45.40 since the prior rating of 4.5-stars was issued 171 days ago. Despite a downgrade, 85 percent of the crowd's ratings remain bullish and the crowd sourced price target of $50.26 implies a potential upside of more than 11 percent.
Posted In: Analyst ColorLong IdeasCrowdsourcingTrading IdeasGeneralairline stocksairlinesVetrVetr CrowdVetr Top Raters
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