UBS Upgrades Alaska Air to Buy, Raises Price Target to $90

UBS upgrades Alaska Air Group (ALK) from Neutral to Buy, raising the price target by 60.71% to $90. This upgrade comes after several positive analyst actions, including upgrades from Raymond James, Susquehanna, and Barclays. Alaska Air operates two airlines and earns revenues from passenger tickets, passenger ancillary revenue, and mileage plan passenger revenue. The average target price for ALK is $65.58, with a high estimate of $80.00 and a low estimate of $55.50.