Sun Country Airlines Downgraded to Hold Following Allegiant Merger Announcement
ByAinvest
Thursday, Feb 5, 2026 4:55 pm ET1min read
ALGT--
SNCY--
TD Cowen downgraded Sun Country Airlines (SNCY) to Hold from Buy, lowering the price target to $18 from $21, citing that current share prices reflect a high probability of the merger with Allegiant Travel Company receiving regulatory approval. Wolfe Research and JPMorgan also downgraded SNCY following the merger announcement. SNCY is an air carrier company operating in the US, Latin America, and internationally.
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