JP Morgan Downgrades Alaska Air Group To Underweight

Analysts at JP Morgan downgraded Alaska Air Group

from Neutral to Underweight. The price target for Alaska Air Group has been lowered from $53.50 to $51.00. Alaska Air Group shares have gained 51.74% over the past 52 weeks, while the S&P 500 index has surged 12.42% in the same period. Alaska Air Group's shares dropped 1.64% to $52.04 in pre-market trading.