: Alaska Air downgraded to market perform from strong buy at Raymond James as Hawaiian deal likely to weigh on sentiment

<p>Alaska Airlines Inc. ‘s stock ALK was downgraded to market perform from strong buy by Raymond James on Monday, after it announced it would acquire Hawaiian Airlines parent Hawaiian Holdings Inc. HA for $18 a share, or a 270% premium over its closing price on Friday. “Admittedly, with the acquisition unlikely to close for 12-18 […]</p>
<p>The post <a href="https://forextv.com/market-news/alaska-air-downgraded-to-market-perform-from-strong-buy-at-raymond-james-as-hawaiian-deal-likely-to-weigh-on-sentiment/">: Alaska Air downgraded to market perform from strong buy at Raymond James as Hawaiian deal likely to weigh on sentiment</a> appeared first on <a href="https://forextv.com">ForexTV</a>.</p>