Share-Price, Earnings Targets Grow for U.S. Airlines

Merrill Lynch analyst Michael Linenberg last week raised his 12-month target prices for three U.S. airlines that recently traded through previous price objectives. They are America West, to $9 from $7; ExpressJet, to $18 from $14; and Frontier, to $12 from $9. In addition, he upped his earnings or...

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