JPMorgan Chase & Co. Downgrades Spirit Airlines, Inc. (NASDAQ:SAVE) From Overweight To Neutral With Target Price Of $ 59.00

Spirit Airlines, Inc. (NASDAQ:SAVE) downgraded by JPMorgan Chase & Co. to Neutral from Overweight rating. The research firm raises target price to $ 59.00 up from previous mark of $ 51.00.

According to the previous trading day, closing price of SAVE was $ 52.09, representing a 52.85 % increase from the 52 week low of $ 34.08 and a 3.03 % decrease over the 52 week high of $ 53.72.

Spirit Airlines, Inc. has a market capital of $ 3.60 billion and is part of the Services sector and Major Airlines industry.

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