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Equities researchers at Imperial Capital reduced their price target on shares of SkyWest (NASDAQ:SKYW) from $12.00 to $10.00 in a research report issued on Thursday. The firm currently has an “in-line” rating on the stock. Imperial Capital’s price objective points to a potential upside of 9.65% from the stock’s previous close.

SkyWest (NASDAQ:SKYW) opened at 9.12 on Thursday. SkyWest has a 1-year low of $9.11 and a 1-year high of $17.29. The stock’s 50-day moving average is $11.70 and its 200-day moving average is $12.2. The company has a market cap of $466.0 million and a P/E ratio of 15.74.

SkyWest (NASDAQ:SKYW) last posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by $0.08. The company had revenue of $816.60 million for the quarter, compared to the consensus estimate of $800.20 million. During the same quarter in the previous year, the company posted $0.39 earnings per share. The company’s revenue for the quarter was down 2.7% on a year-over-year basis. Analysts expect that SkyWest will post $-0.03 EPS for the current fiscal year.

Separately, analysts at Cowen and Company cut their price target on shares of SkyWest from $11.00 to $9.00 in a research note on Thursday. They now have a “market perform” rating on the stock. One research analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. SkyWest presently has an average rating of “Hold” and a consensus price target of $12.43.

SkyWest, Inc (NASDAQ:SKYW) through subsidiaries, SkyWest Airlines, Inc (SkyWest Airlines) and ExpressJet Airlines, Inc (ExpressJet) operates the regional airline in the United States.

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