Allegiant Travel price target raised to $109 from $88 at Citi

Group 1 - Citi analyst John Godyn raised the price target on Allegiant Travel (ALGT) to $109 from $88 while maintaining a Neutral rating on the shares [1] - The firm updated targets in the airlines group as part of a Q4 earnings preview [1] - Citi's business travel barometer has bottomed, indicating a potential recovery in business travel [1] Group 2 - Despite the positive outlook on business travel, the firm expects supermajors to issue "conservative" outlooks for 2026 [1]