Eagle Materials Analyst Changes Stance; Check Out the Top 4 Downgrades for Friday
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 19 2025
0mins
Should l Buy ALGT?
Source: Benzinga
Analyst Downgrades: Raymond James downgraded Allegiant Travel Company from Strong Buy to Outperform, raising the price target from $78 to $98, while shares closed at $85.74.
Eagle Materials Rating Change: Truist Securities downgraded Eagle Materials Inc from Buy to Hold, cutting the price target from $280 to $210, with shares closing at $223.69.
Lockheed Martin Adjustment: JP Morgan downgraded Lockheed Martin Corp from Overweight to Neutral, increasing the price target from $465 to $515, as shares closed at $470.14.
AGCO Corp Downgrade: Barclays downgraded Agco Corp from Equal-Weight to Underweight, slashing the price target from $116 to $93, with shares closing at $106.86.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ALGT?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ALGT
Wall Street analysts forecast ALGT stock price to rise
12 Analyst Rating
5 Buy
7 Hold
0 Sell
Moderate Buy
Current: 77.190
Low
65.00
Averages
104.75
High
130.00
Current: 77.190
Low
65.00
Averages
104.75
High
130.00
About ALGT
Allegiant Travel Company is a leisure travel company focused on providing travel and leisure services and products to residents of under-served cities in the United States. The Company provides various travel services and products, including scheduled service air transportation, ancillary air-related products and services, third party products and services, and fixed-fee contract air transportation. The Company operates through Airline segment.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Allegiant and Sun Country Secure Antitrust Clearance for Merger
- Antitrust Approval: Allegiant and Sun Country announced the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, receiving U.S. antitrust clearance from the Department of Justice, which paves the way for the merger expected to close in Q2 or Q3 of 2026.
- Merger Benefits: Allegiant CEO Greg Anderson stated that the merger will deliver significant benefits for customers, team members, and the communities served, enhancing the competitive position of both airlines in the leisure market by offering a broader network and more travel options.
- Market Positioning: Since 1999, Allegiant has focused on connecting small to medium cities with world-class vacation destinations through nonstop flights and industry-low average fares, and the merger is expected to further enhance its market share and customer base.
- Shareholder Value Enhancement: The combination aims to create a stronger leisure-focused airline, which is anticipated to generate long-term value for shareholders, thereby solidifying its position in the airline industry.
See More
Reasons This Year's Spring Break Travel Will Be Particularly Chaotic
- Travel Risks: Spring break travel may lead to unexpected and negative experiences for travelers.
- Preparation Advice: It's important to plan ahead and be aware of potential issues that could arise during trips.
See More
Airlines Struggle with Increasing Jet Fuel Prices and Extended Security Wait Times, Leading to Declining Stock Values.
- Impact of Fuel Costs: Major U.S. airlines are facing increased jet fuel costs due to recent geopolitical tensions.
- Travel Disruptions: The ongoing conflict involving the U.S. and Israel's actions against Iran is causing travel disruptions, affecting airline operations.
- Stock Market Effects: These challenges are negatively impacting the stock performance of major airlines.
- Overall Industry Strain: The combination of higher costs and operational disruptions is creating significant strain on the airline industry.
See More
Allegiant Travel Shares Enter Oversold Territory
- Oversold Signal: Allegiant Travel Company's stock entered oversold territory on Monday, with an RSI reading of 29.4, indicating that the recent heavy selling pressure may be waning, prompting investors to consider potential buying opportunities.
- Price Fluctuation: The stock hit a low of $74.08 per share, with the current trading price at $76.82, showing significant volatility compared to its 52-week low of $39.80 and high of $118, reflecting market uncertainty.
- Market Comparison: Compared to the S&P 500 ETF (SPY) with an RSI of 36.7, ALGT's 29.4 RSI indicates a more severe oversold condition, potentially attracting investors looking for a rebound.
- Investor Sentiment: While the stock is currently at a low price, investors should cautiously assess market sentiment and potential rebound opportunities to avoid making missteps in an uncertain market environment.
See More
TSA Staffing Shortages Amid Partial Government Shutdown Disrupt Travel
- Extended Security Wait Times: The partial government shutdown has led to TSA staffing shortages, with Houston's William P. Hobby Airport advising travelers to arrive five hours early, as security wait times could exceed three hours, significantly impacting travel during the busy spring break period.
- Flight Cancellations Impact: The U.S. and Israel's military actions against Iran have resulted in thousands of flight cancellations, putting additional pressure on airlines facing rising fuel costs, which are their second-largest expense after labor.
- Industry Response: Airline executives are urging Congress and the administration to act swiftly to end the DHS shutdown, emphasizing the critical importance of the transportation security workforce and the need to avoid using it as a political bargaining chip that could compromise safety and service.
- Historical Lessons: The previous government shutdown from 2018 to 2019 saw TSA personnel shortages leading to checkpoint closures and longer wait times, raising concerns that the current situation could repeat itself, creating uncertainty for the airline industry.
See More
Investor Rights Law Firm Investigates Multiple Companies
- Merger Investigations: Halper Sadeh LLC is investigating VerifyMe, Inc. (NASDAQ:VRME) for potential fiduciary duty breaches related to its merger with Open World Ltd., which may impact shareholder rights.
- Shareholder Rights Protection: Allegiant Travel Company (NASDAQ:ALGT) shareholders will own approximately 67% of the combined entity post-merger with Sun Country Airlines, prompting Halper Sadeh LLC to encourage shareholders to understand their legal rights.
- Cash Acquisition Deal: European Wax Center, Inc. (NASDAQ:EWCZ) is being sold to General Atlantic for $5.80 per share in cash, with Halper Sadeh LLC advising shareholders to be aware of their legal rights and options.
- Management Buyout: FONAR Corporation (NASDAQ:FONR) is being sold to CEO Timothy Damadian and certain executives for $19.00 per share for Class B stock and $6.34 for Class C stock, with Halper Sadeh LLC potentially seeking increased compensation and disclosures for shareholders.
See More
Allegiant and Sun Country Secure Antitrust Clearance for Merger
- Antitrust Approval: Allegiant and Sun Country announced the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, receiving U.S. antitrust clearance from the Department of Justice, which paves the way for the merger expected to close in Q2 or Q3 of 2026.
- Merger Benefits: Allegiant CEO Greg Anderson stated that the merger will deliver significant benefits for customers, team members, and the communities served, enhancing the competitive position of both airlines in the leisure market by offering a broader network and more travel options.
- Market Positioning: Since 1999, Allegiant has focused on connecting small to medium cities with world-class vacation destinations through nonstop flights and industry-low average fares, and the merger is expected to further enhance its market share and customer base.
- Shareholder Value Enhancement: The combination aims to create a stronger leisure-focused airline, which is anticipated to generate long-term value for shareholders, thereby solidifying its position in the airline industry.
See More
Reasons This Year's Spring Break Travel Will Be Particularly Chaotic
- Travel Risks: Spring break travel may lead to unexpected and negative experiences for travelers.
- Preparation Advice: It's important to plan ahead and be aware of potential issues that could arise during trips.
See More
Airlines Struggle with Increasing Jet Fuel Prices and Extended Security Wait Times, Leading to Declining Stock Values.
- Impact of Fuel Costs: Major U.S. airlines are facing increased jet fuel costs due to recent geopolitical tensions.
- Travel Disruptions: The ongoing conflict involving the U.S. and Israel's actions against Iran is causing travel disruptions, affecting airline operations.
- Stock Market Effects: These challenges are negatively impacting the stock performance of major airlines.
- Overall Industry Strain: The combination of higher costs and operational disruptions is creating significant strain on the airline industry.
See More
Allegiant Travel Shares Enter Oversold Territory
- Oversold Signal: Allegiant Travel Company's stock entered oversold territory on Monday, with an RSI reading of 29.4, indicating that the recent heavy selling pressure may be waning, prompting investors to consider potential buying opportunities.
- Price Fluctuation: The stock hit a low of $74.08 per share, with the current trading price at $76.82, showing significant volatility compared to its 52-week low of $39.80 and high of $118, reflecting market uncertainty.
- Market Comparison: Compared to the S&P 500 ETF (SPY) with an RSI of 36.7, ALGT's 29.4 RSI indicates a more severe oversold condition, potentially attracting investors looking for a rebound.
- Investor Sentiment: While the stock is currently at a low price, investors should cautiously assess market sentiment and potential rebound opportunities to avoid making missteps in an uncertain market environment.
See More
TSA Staffing Shortages Amid Partial Government Shutdown Disrupt Travel
- Extended Security Wait Times: The partial government shutdown has led to TSA staffing shortages, with Houston's William P. Hobby Airport advising travelers to arrive five hours early, as security wait times could exceed three hours, significantly impacting travel during the busy spring break period.
- Flight Cancellations Impact: The U.S. and Israel's military actions against Iran have resulted in thousands of flight cancellations, putting additional pressure on airlines facing rising fuel costs, which are their second-largest expense after labor.
- Industry Response: Airline executives are urging Congress and the administration to act swiftly to end the DHS shutdown, emphasizing the critical importance of the transportation security workforce and the need to avoid using it as a political bargaining chip that could compromise safety and service.
- Historical Lessons: The previous government shutdown from 2018 to 2019 saw TSA personnel shortages leading to checkpoint closures and longer wait times, raising concerns that the current situation could repeat itself, creating uncertainty for the airline industry.
See More
Investor Rights Law Firm Investigates Multiple Companies
- Merger Investigations: Halper Sadeh LLC is investigating VerifyMe, Inc. (NASDAQ:VRME) for potential fiduciary duty breaches related to its merger with Open World Ltd., which may impact shareholder rights.
- Shareholder Rights Protection: Allegiant Travel Company (NASDAQ:ALGT) shareholders will own approximately 67% of the combined entity post-merger with Sun Country Airlines, prompting Halper Sadeh LLC to encourage shareholders to understand their legal rights.
- Cash Acquisition Deal: European Wax Center, Inc. (NASDAQ:EWCZ) is being sold to General Atlantic for $5.80 per share in cash, with Halper Sadeh LLC advising shareholders to be aware of their legal rights and options.
- Management Buyout: FONAR Corporation (NASDAQ:FONR) is being sold to CEO Timothy Damadian and certain executives for $19.00 per share for Class B stock and $6.34 for Class C stock, with Halper Sadeh LLC potentially seeking increased compensation and disclosures for shareholders.
See More
