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TD Cowen Downgrades Sun Country Airlines (SNCY) to Hold Following Allegiant Merger Announcement
Yahoo Finance· 2026-02-04 14:04
Sun Country Airlines Holdings Inc. (NASDAQ:SNCY) is one of the cheap hot stocks to invest in right now. On February 3, TD Cowen downgraded Sun Country Airlines to Hold from Buy and lowered its price target to $18 from $21. The firm indicated that current share prices appear to reflect a high probability, exceeding 90%, that the recently announced merger with Allegiant Travel Company (NASDAQ:ALGT) will receive regulatory approval. The firm suggests the stock is effectively fully valued relative to the antic ...