Halper Sadeh Investigates Ventyx and Sun Country Transactions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Source: Globenewswire
- Legal Investigation Launched: Halper Sadeh LLC is investigating Ventyx Biosciences, Inc. (NASDAQ: VTYX) regarding its sale to Eli Lilly at $14.00 per share, which may involve potential violations of federal securities laws affecting shareholder rights.
- Shareholder Rights Protection: The firm is also examining the transaction between Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY) and Allegiant Travel Company, which involves 0.1557 shares of Allegiant common stock and $4.10 in cash per Sun Country share, aiming to ensure fair compensation for shareholders.
- Legal Fee Arrangement: Halper Sadeh LLC will handle the case on a contingency fee basis, meaning shareholders will not incur out-of-pocket legal fees, thereby reducing financial burdens and encouraging more affected individuals to seek legal assistance.
- Global Investor Support: The firm is dedicated to providing legal support to investors worldwide, having successfully implemented corporate reforms and recovered millions for defrauded investors, showcasing its expertise in securities fraud and corporate misconduct.
Analyst Views on SNCY
Wall Street analysts forecast SNCY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SNCY is 19.43 USD with a low forecast of 18.00 USD and a high forecast of 21.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 17.750
Low
18.00
Averages
19.43
High
21.00
Current: 17.750
Low
18.00
Averages
19.43
High
21.00
About SNCY
Sun Country Airlines Holdings, Inc. operates Sun Country Airlines, a hybrid low-cost air carrier that deploys shared resources across its scheduled service, charter, and cargo businesses. The Company focuses on serving leisure and visiting friends and relatives (VFR) passengers, charter customers, and providing crew, maintenance, and insurance (CMI) service to Amazon.com Services, LLC (Amazon), with flights throughout the United States and to destinations in Canada, Mexico, Central America, and the Caribbean. Its Passenger segment consists of two businesses: Scheduled Service and Charter. These businesses both utilize the Company's passenger fleet. Its Cargo segment provides air cargo services. It flies a single-family fleet of mid-life Boeing 737-NG aircraft. Its fleet consists of about 63 Boeing 737-NG aircraft. This includes 45 aircraft in the passenger fleet, 12 cargo operated aircraft through the A&R ATSA with Amazon, and six aircraft that are on lease to unaffiliated airlines.
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.
