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Enter Symbol:
 
Allegiant Travel Company (ALGT) [hlAlert]

Rating:
Hold ALGT

Allegiant Travel Company (ALGT) downgraded to Hold with price target $45 by Jesup & Lamont

Posted on: Thursday,  Dec 18, 2008  8:25 AM ET by Jesup & Lamont

Jesup & Lamont rated Hold Allegiant Travel Company (NASDAQ: ALGT) on 12/18/2008. Previously Jesup & Lamont rated Buy
Allegiant Travel Company (NASDAQ: ALGT) on 11/04/2008., when the stock price was $40.99. Since then, Allegiant Travel Company has gained 10.47% of its value until Jesup & Lamont rated ALGT Buy on 12/18/2008, when the price was $45.28. .

Allegiant Travel Company (Allegiant Travel) is a leisure travel company focused on transporting travelers in small cities to leisure destinations, such as Las Vegas, Nevada, Phoenix, Arizona, Orlando, Florida, Tampa/St. Petersburg, Florida and Ft. Lauderdale, Florida. It operates a low-cost passenger airline marketed to leisure travelers in small cities, allowing it to sell air travel both on a stand-alone basis and bundled with hotel rooms, rental cars and other travel related services.

Jesup & Lamont's research analysts provide world class research analysis to our clients. Our goal is to deliver fresh ideas within the right sectors, at the right time. In addition to fundamental analysis of companies and sectors, we employ strategists, and technical analysts with comprehensive research insights. As much as we put an emphasis on having the best analytical minds in the business and high ethical standards, intellectual honesty and objectivity are equally as important. Based on its experience and depth of resources, Jesup & Lamont Equity Research provides the financial and strategic advice necessary for successful equity management. Dedicated to providing insightful analysis of stockmarkets and companies, Jesup & Lamont Equity Research is recognized for the quality and timeliness of its investment recommendations. In Equity Research, we have significantly expanded our capabilities to better serve our corporate and institutional clients. Our current coverage list spotlights; Aerospace & Defense, Alternative Energy, Oil & Gas, Retail, Transportation and Utilities. Research extends into every corner of our equities business, supplying invaluable analysis, information, and advise for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/21/2010 8:25 AM Buy
None
52.00 56.00
as of 12/24/2008
1 Week down  -13.11 %
1 Month up  10.84 %
3 Months up  11.46 %
1 YTD up  1.00 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/23/2009 8:25 AM Hold
None
47.32
5/22/2009 9:25 AM Buy
None
40.46
12/18/2008 8:25 AM Hold
None
45.28 45.00
11/4/2008 8:25 AM Buy
None
40.99

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