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Vetr Inc. recorded Spirit Airlines Incorporated (NASDAQ:SAVE), raising its target price to $48.00 today

In a report released on 10/17/2016 Vetr Inc. increased the stock price target of Spirit Airlines Incorporated (NASDAQ:SAVE) to $48.00 reporting a possible upside of 0.10%.

On 10/10/2016, Vetr Inc. released a statement for Spirit Airlines Incorporated (NASDAQ:SAVE) raised the target price from $0.00 to $48.00. At the time, this indicated a possible upside of 0.14%.

Boasting a price of $43.78, Spirit Airlines Incorporated (NASDAQ:SAVE) traded 0.46% higher on the day. The last stock close price is up 1.60% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. Spirit Airlines Incorporated has recorded a 50-day average of $40.56 and a two hundred day moving average of $43.09. 943,086 shares of the stock traded hands, down from an average trading volume of 1,251,580

Recent Performance Chart

Spirit Airlines Incorporated (NASDAQ:SAVE)

Spirit Airlines Incorporated has price-earnings ratio of 10.22 with a 52 week low of $32.73 and a 52 week high of $53.53 and has a market capitalization of $0.

Also covering Spirit Airlines Incorporated's target price, a total of 15 firms have released a ratings update on SAVE. The one year target is $55.33 with 0 analysts rating the company a strong buy, zero brokerages rating the company a buy, zero equity analysts rating the company a hold, zero analysts rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Spirit Airlines Incorporated (NASDAQ:SAVE)

Spirit Airlines, Inc. is an airline company. The Company's all-Airbus fleet operates more than 385 daily flights to 56 destinations in the United States, Caribbean and Latin America. Its ultra-low-cost carrier (ULCC) business model provides low, unbundled base fares that remove components traditionally included in the price of an airline ticket. The Company offers a range of optional services, allowing customers to save by paying only for the options they choose such as bags, advance seat assignments and refreshments. The Company's route network includes approximately 151 markets throughout North America, Central America, South America and the Caribbean. The Company operates international services to Aruba, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Peru and St. Maarten, as well as Puerto Rico and the United States Virgin Islands.

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