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Cowen & Co. Keeps a Buy Rating on SkyWest (SKYW)


In a report released yesterday, Helane Becker from Cowen & Co. maintained a Buy rating on SkyWest (SKYW), with a price target of $61. The company’s shares closed yesterday at $49.34.

According to TipRanks.com, Becker is a top 25 analyst with an average return of 19.9% and a 70.8% success rate. Becker covers the Services sector, focusing on stocks such as Allegiant Travel Company, Air Transport Services, and WestJet Airlines Ltd.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for SkyWest with a $69.33 average price target.

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SkyWest’s market cap is currently $2.5B and has a P/E ratio of 5.20. The company has a Price to Book ratio of 1.33.

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Sky West, Inc. is a holding company, which engages in the provision of scheduled passenger services in the United States of America, Canada, Mexico and the Caribbean. It operates through the following segments: SkyWest Airlines, ExpressJet, and SkyWest Leasing.

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