Cowen Starts Frontier Group Holdings Inc (ULCC) at Outperform

Cowen analyst Helane Becker initiates coverage on Frontier Group Holdings Inc (NASDAQ: ULCC) with a Outperform rating and a price target of $23.00.

The analyst comments "Frontier is an ultra low-cost carrier looking to extend its relative cost advantage through continued transition to more efficient, high density aircraft. The company has market expansion in its headlights and the order book to support it. Frontier shares are trading at a relative discount to ultra low-cost peers."

For an analyst ratings summary and ratings history on Frontier Group Holdings Inc click here. For more ratings news on Frontier Group Holdings Inc click here.

Shares of Frontier Group Holdings Inc closed at $21.17 yesterday.

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