- Deutsche Bank hikes Mesa Air Group (NASDAQ:MESA) to a Buy rating after having the airline stock slotted at Neutral. The firm points to demand trends that set up well for Mesa.
- Deutsche Bank analyst Michael Linenberg assigns a price target of $15 to MESA vs. the average Wall Street PT of $13.80. Shares of Mesa have traded in a wide range of $2.80 to $17.40 over the last 52 weeks. In premarket action today, MESA is down 4.04% to $10.46.
- Currently, Mesa Air trades below its 10-day and 50-day moving averages.
- Read the Mesa Air earnings conference call transcript during which execs pointed to a strong recovery in capacity.
Mesa Air attracts buy rating from Deutsche Bank
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About MESA Stock
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| Symbol | Last Price | % Chg |
|---|---|---|
| MESA | - | - |
| Mesa Air Group, Inc. | ||