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BidaskClub upgraded Alaska Air Group, Inc. (NYSE:ALK) to Buy in a report released today.

BidaskClub has upgraded Alaska Air Group, Inc. (NYSE:ALK) to Buy in a report released on 7/8/2017.

Previously on 7/4/2017, Bank of America Corporation reported about Alaska Air Group, Inc. (NYSE:ALK) raised the target price from $115.00 to $120.00. At the time, this indicated a possible upside of 0.33%.

Yesterday Alaska Air Group, Inc. (NYSE:ALK) traded 0.81% higher at $93.89. The company’s 50-day moving average is $88.82 and its 200-day moving average is $90.55. The last stock close price is up -6.72% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 1,137,003 shares of the stock were exchanged, down from an average trading volume of 1,192,250

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Alaska Air Group, Inc. (NYSE:ALK)

Alaska Air Group, Inc. has a 52 week low of $64.19 and a 52 week high of $101.43 with a P/E ratio of 13.74 The company’s market cap is currently $0.

In addition to BidaskClub reporting its target price, a total of 11 firms have issued a report on the stock. The consensus target price is $88.41 with 3 firms rating the stock a strong buy, 4 firms rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Alaska Air Group, Inc. (NYSE:ALK)

Alaska Air Group, Inc. is the holding company of Alaska Airlines (Alaska), Virgin America Inc., Horizon Air (Horizon) and other business units. The Company operates through three segments: Mainline, Regional and Horizon. Its Mainline segment includes Alaska's and Virgin America's scheduled air transportation for passengers and cargo throughout the United States, and in parts of Canada, Mexico, Costa Rica and Cuba. Its Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the United States under capacity purchased arrangements (CPAs). Its Horizon segment includes the capacity sold to Alaska under CPA. Alaska and Virgin America operate fleets of narrowbody passenger jets. As of December 31, 2016, it maintained two frequent flyer plans: the Alaska Airlines Mileage Plan and the Virgin America Elevate.

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