Spirit gets lift from analysts

Dahlman Rose and Barclays have initiated coverage of Spirit Airlines, with an appropriate stock symbol of SAVE, after it went public recently with bullish recommendations on the ultra-low-cost carrier (ULCC) and expectations that its stock will hit USD18 per share. It is also attracting the attention of the business press with CEO Ben Baldanza appearing on numerous business television shows and Barclays calling it the most profitable airline in the US and the world.

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