Alaska Air Group

JP Morgan is raising its estimates on shares of Alaska Air Group, Inc. (NYSE: ALK). “Following the release of June traffic figures and revised 2Q guidance, we are raising our Q2 estimate from $2.21 to $2.43 vs. $2.39 consensus,” JP Morgan writes. “Consolidated ex-fuel CASM is now expected to...

Citigroup has raised the price target on Alaska Air Group (NYSE: ALK) from $77 to $79 and maintains its Buy rating.

J.P. Morgan has raised its PT on shares of Alaska Air Group, Inc. (NYSE: ALK) from $64 to $66. Alaska Air Group closed Friday at $69.08.

According to Hudson Securities, Alaska Air Group (NYSE: ALK) saw a good 1Q. Hudson Securities said that Alaska reported 1Q revenues of $965.2M, an operating profit of $61.9M (a 6.4% operating margin), and net income of $29.6M excl 1x items, or an EPS of $0.80 which bettered a consensus view of $0....

Deutsche Bank has released a research report that once again revises itsestimates on higher oil. In the report, Deutsche Bank writes, "We are raising our jet fuel price outlook for 2011/12 due to turmoil in the Middle East/North Africa, and therefore, lowering our 2011/12 EPS estimates and price...

Shares of airline stocks fell on Thursday after the market reacted to higher unemployment numbers and J.P. Morgan (NYSE: JPM) downgraded three airline stocks. J.P. Morgan downgraded Alaska Air Group, Inc. (NYSE: ALK), Continental Airlines, Inc. (NYSE: CAL) and Delta Air Lines Inc. (NYSE: DAL) from...