- Raymond James analyst Savanthi Syth downgraded Mesa Air Group Inc (NASDAQ:MESA) to Market Perform from Outperform without a price target, reflecting regional airline industry headwinds.
- Syth says the magnitude of the impact on earnings appears to be greater than anticipated.
- Syth further mentions that much of this headwind should ease in early 2023, though pushing back the anticipated earnings recovery by at least a year.
- Also Read: Mesa Airlines Reports ~4% Block Hours Growth In December.
- Price Action: MESA shares are trading lower by 4.63% at $4.74 on the last check Friday.
Here’s How Much You Would Have Made Owning Humana Stock In The Last 20 Years
Humana (NYSE:HUM) has outperformed the market over the past 20 years by 11.85% on an annualized basis producing an average annual return of 18.87%. Currently, Humana has a market capitalization of $59.29 billion.
