Overview
Alaska Airlines is a subsidiary for Alaska Air Group. If you aren't familiar with the verbiage, this means that Alaska Air Group ( NYSE:ALK ) is the umbrella company that owns Alaska Airlines. In light of the Boeing ( NYSE:BA ) mishap that occurred yesterday in Oregon and in addition to the current trend on ALK's 1D chart, I believe ALK will correct...
Key Takeaway
1. Alaska Airlines has agreed to acquire its rival Hawaiian Airlines in a deal valued at about $1.9 billion.
2. The combined company would be based in Seattle, where Alaska Airlines is headquartered, and led by its CEO, Ben Minicucci.
3. The airlines said they will aim to combine their resources while “maintaining” each of their respective brand...
Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates through three segments: Mainline, Regional, and Horizon. It flies to approximately 120 destinations throughout North America. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.
***Based on analysts offering 12 month price targets for ALK in the last 3 months.
The average price target is $62.57 with a high estimate of $74 and a low estimate of $54
Analyst Firms Making Recommendations
B OF A GLBL RES
COWEN & COMPANY
DEUTSCHE BK SEC
JP MORGAN SECUR
MORGAN STANLEY
RAYMOND JAMES
SEAPORT GLOBAL
STIFEL NICOLAUS
Selling over 1000% than buying...
Alaska Air Group is now pulling back after a good rally up. The stock might be targeting to close the gap-up created to. A buy at this level could be profitable on the stock for a swing trade...
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
