Bullish Case: Swiss National Bank increased its holdings in ALGT, signaling institutional confidence despite recent price declines. Near-term price resilience and constructive banking interest could catalyze a rebound.


Bearish Case: Insider disposals and a significant historical price drop reflect underlying weaknesses, suggesting potential further declines or stagnation in ALGT's stock performance amid ongoing market skepticism.


Potential Outcomes:

1. Swiss National Bank's involvement stabilizes price: 30%.

2. Insider sales lead to further declines: 35%.

3. Market uncertainty keeps prices rangebound: 35%.


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April 25, 2024


Allegiant Travel Forecast

ALGT        Allegiant Travel
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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