Alert: Major Price Advance (11/14/23)-Spirit Airlines Inc (NYSE: SAVE).


Spirit Airlines Inc (NYSE: SAVE) stock closed at $9.95 on 11/14/23 after a major increase of 11.7%. The stock has declined -12.3% during the last week and has been weak relative to the market over the last nine months.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, SAVE is expected to continue to be a modest Value Builder.

Spirit Airlines has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Spirit Airlines has a good Appreciation Score of 78 but a poor Power Rating of 22, and the Neutral Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.