Spirit Airlines price target raised

In a research note, Barclays Capital has lifted its price target on shares of Spirit Airlines from $24.00 to $30.00. The bank gives Spirit an “overweight” rating on the stock. Raymond James too has also raised its price target on shares of Spirit from $24.00 to $28.00, while Cowen raised its price target on the airline company from $23.00 to $28.00 and has added a “buy” rating. The company has a consensus rating of “Buy” and a consensus price target of $25.74. In its quarterly earnings on Feb 19, Spirit Airlines reported $0.27 earnings per share (EPS) for the quarter,