Buoyant air travel demand bodes well for the Zacks Transportation - Airline industry. Stocks like UAL, ALK and CPA appear well-poised to capitalize on this rosy scenario.
The average of price targets set by Wall Street analysts indicates a potential upside of 26.4% in Alaska Air (ALK). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
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