Frontier Group Holdings, Inc. ULCC

Shares of ultra low-cost airline Frontier Group Holdings (NASDAQ:ULCC) fell 2.7% in the afternoon session after Barclays analyst Brandon Oglenski maintained a Sell/Underweight rating on the company and lowered the price target to $5 from $7, StreetInsider reported. The update keeps Barclays’ negative stance while marking down fair value on the ultra-low-cost carrier. A Sell/Underweight rating implies expected underperformance versus the market or peers; the $5 target is the firm’s stated valuati