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Enter Symbol:
Alaska Air Group, Inc. (ALK) [hlAlert]

down 96.27 %

Alaska Air Group, Inc. (ALK) downgraded to Underperform by Credit Suisse

Posted on: Monday,  Jul 14, 2008  8:25 AM ET by Credit Suisse

Credit Suisse rated Underperform Alaska Air Group, Inc. (NYSE: ALK) on 07/14/2008, when the stock price was $2.84.
Since then, Alaska Air Group, Inc. has gained 2582.15% as of 01/22/2016's recent price of $76.24.
If you would have followed this Credit Suisse's recommendation on ALK, you would have lost 96.27% of your investment in 2748 days.

Alaska Air Group, Inc. is a holding company and has two principal subsidiaries: Alaska Airlines, Inc. and Horizon Air Industries, Inc. Both subsidiaries operate as airlines. However, each subsidiary's business plan, competition and economic risks differ substantially. Alaska is a major airline, operates an all jet fleet, and its average passenger trip length is 833 miles. Horizon is a regional airline, operates jet and turboprop aircraft, and its average passenger trip is 231 miles.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/14/2008 8:25 AM Sell
as of 12/24/2008
1 Week up  10.00 %
1 Month down  -5.88 %
3 Months up  32.90 %
1 YTD down  -106.18 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/11/2008 8:25 AM Hold
5.63 5.25

(*) Stock Price at the time of the recommendation.
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