Deutsche Bank Downgrades Frontier and JetBlue Amid…
From Financial Modeling Prep: 2025-03-05 02:59:42
Deutsche Bank downgrades Frontier Group Holdings Inc and JetBlue Airways Corp to “Hold” amid weakening demand in domestic air travel. Analysts cite signs of a slowdown in consumer spending on low-fare flights, prompting adjustments to price targets for Frontier and JetBlue.
While low-fare carriers face challenges, full-service carriers like American, Delta, and United are considered better positioned to weather the economic soft patch. Deutsche Bank notes no significant weakness in corporate or long-haul international travel, maintaining “Buy” ratings on SkyWest and Sun Country for their resilient revenue streams.
Deutsche Bank’s caution reflects policy risks and a softening macroeconomic landscape impacting investor sentiment. With domestic travel demand under pressure, market participants are advised to closely monitor shifts in consumer spending and broader economic trends. Full-service carriers may continue to outperform, while low-fare carriers could face ongoing pressure.
Investors are encouraged to stay informed about evolving market dynamics through Financial Modeling Prep’s suite of APIs for regular updates and data-driven insights.
Read more at Financial Modeling Prep:: Deutsche Bank Downgrades Frontier and JetBlue Amid…