Do you recommend to buy ulcc share?

**Frontier Group Holdings Inc. (ULCC) does not appear to be a compelling buy at this time**, and here's why:

1. **Analyst Ratings and Price Targets**:
- Morgan Stanley analyst Ravi Shanker reiterated an Equalweight rating and $8.00 price target on ULCC.
- Citi analyst Stephen Trent lowered the price target on ULCC to $3.50 (from $7.00).
2. **Recent Price and Volume Changes**:
- ULCC's closing price as of August 14, 2024, was $3.13, with a recent trading volume of 6.96 million shares.

|Ticker|Name|Date|Market Cap|Closing Price|Interval Trading Volume|code|market_code|
|---|---|---|---|---|---|---|---|
|ULCC.O|Frontier Group|20240812-20240814|||6964308|ULCC|185|
|ULCC.O|Frontier Group|20240814|702632559.98|3.13||ULCC|185|

3. **Market Sentiment and Financial Health**:
- ULCC's stock has been downgraded by several analysts, including Barclays, which lowered its price target to $6.00.
- The company's share price reached a new 52-week low, and the stock had previously closed at $3.11.
4. **Institutional Activity**: There have been changes in institutional holdings, with some investors buying and others selling, indicating mixed sentiment.
5. **Market Sector**: ULCC operates in the Transportation sector, which can be sensitive to fuel prices and regulatory changes.

In conclusion, while there is a wide range of price targets among analysts, the recent price declines, analyst downgrades, and the company's financial performance do not currently support a buy recommendation. Investors should consider the high risk associated with such a stock before making an investment decision.