Savanthi Syth

Shares of United Airlines Holdings Inc (NASDAQ:UAL) rallied in early trading on Thursday, after the company reported upbeat second-quarter earnings. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. BofA Securities analyst Andrew Didora reiterated a Buy...

United Airlines Holdings Inc (NASDAQ:UAL) reported fourth-quarter earnings after the market closed on Tuesday. The following are the comments from different analysts regarding the company’s report. Goldman Sachs analyst Catherine O'Brien maintained a $125 price forecast on the stock, based on...

Shares of Alaska Air Group, Inc. (NYSE: ALK) tanked over 15% in early trading on Monday, after the company inked an acquisition deal with Hawaiian Holdings, Inc. (NASDAQ: HA) The deal is unlikely to close for 12 to 18 months and the complexity of executing it could weigh on sentiment, according to...

Delta Air Lines, Inc. (NYSE: DAL) Thursday reported its third-quarter revenue ahead of Street expectations but its earnings missed expectations. Morgan Stanley On Delta Air Lines Analyst Ravi Shanker maintained an Overweight rating and a price target of $65. The company’s quarterly results...

Although U.S. airline companies are poised for a stronger near-term revenue trend, they face elevated fuel prices, a potential demand softening and capacity growth moderation, according to Raymond James. Southwest Airlines Analyst Savanthi Syth upgraded the rating for Southwest Airlines Co (NYSE:...

Trends in JetBlue Airways Corporation’s (NASDAQ: JBLU) core markets are improving, according to Raymond James, and the company could record normalized margin expansion if it can execute on a few “earnings levers.” The JetBlue Airways Analyst: Savanthi Syth upgraded the...

The global vaccination process against the novel coronavirus could start within days, and Raymond James' airline analyst is modeling what this means for the sector. The Analyst: Savanthi Syth made a handful of rating changes: American Airlines Group Inc (NASDAQ: AAL) downgraded from Market...

Alaska Air Group, Inc. (NYSE: ALK) revised its revenue per available seat mile (RASM) higher in a regulatory filing, which implies the company saw a "strong finish" to the first quarter. The Analyst Raymond James' Savanthi Syth maintains a Strong Buy rating on Alaska Air with an...

Delta Air Lines, Inc. (NYSE: DAL) has renewed its contract with American Express Company (NYSE: AXP) to offer their co-branded Platinum Card through 2029. Delta Air Lines posted strong first-quarter earnings Wednesday and announced a unit revenue outlook that was slightly higher than expected...

American Airlines Group Inc (NASDAQ: AAL) provided a first-quarter guidance update Tuesday that was neutral to slightly positive, according to Raymond James. The Analyst Savanthi Syth maintains an Outperform rating on American Airlines with an unchanged $44 price target. The Thesis While...

Southwest Airlines Co (NYSE: LUV) is likely to face earnings risk in the near term due to the grounding of the Boeing Co (NYSE: BA) 737 MAX fleet, which could continue into the summer months, according to Raymond James. The Analyst Savanthi Syth downgraded Southwest Airlines from Outperform to...

Southwest Airlines Co (NYSE: LUV) reported better-than-expected Q4 results last week that were backed by its own revenue initiatives, and the airline has set aggressive targets for both revenue per available seat mile and cost capping, according to Raymond James. The Analyst Analyst...

Spirit Airlines Incorporated (NYSE: SAVE) posted a positive investor update for Q4, ahead of its Feb. 6 earnings release. This should ease concerns over a deteriorating industry revenue environment, especially for leisure carriers, according to Raymond James. The Analyst Savanthi Syth maintains a...

Delta Air Lines, Inc. (NYSE: DAL) reported forecast-beating fourth-quarter earnings and in-line revenues Tuesday, leading three sell-side analysts to reiterate their stances on the airline equity.  The Analysts Buckingham Research Group analyst Daniel McKenzie maintained a Buy rating on...

Sentiment around Delta Air Lines, Inc. (NYSE: DAL), Southwest Airlines Co (NYSE: LUV) and American Airlines Group Inc (NASDAQ: AAL) is particularly vulnerable to passenger revenue per available seat mile, according to Raymond James. By Raymond James’ account, jet fuel remains the best...