Frontier Group price target raised to $7 from $4.50 at Susquehanna

Susquehanna analyst Christopher Stathoulopoulos raised the firm's price target on Frontier Group to $7 from $4.50 and keeps a Neutral rating on the shares. The firm said they see a constructive setup for the airlines into 2Q earnings season as demand for air travel remains strong, with fuel prices declining and higher fares holding up.