Raymond James is out with a couple of upgrades in the airline sector, moving Alaska Air (ALK) to...

|About: Alaska Air Group, Inc. (ALK)|By:, SA News Editor

Raymond James is out with a couple of upgrades in the airline sector, moving Alaska Air (ALK) to Outperform from Market Perform and Allegiant Travel (ALGT) to Strong Buy from Outperform. The common theme on the ratings boosts is that current share price doesn't reflect the assumption that fuel prices will stay at lower levels. Premarket: ALK +0.8%, ALGT inactive.