Alaska Air price target raised to $69 from $61 at Citi

Group 1 - Citi raised the price target on Alaska Air (ALK) to $69 from $61 while maintaining a Buy rating on the shares [1] - The update on targets in the airlines group is 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, the firm expects supermajors to issue "conservative" outlooks for 2026 [1]