UPDATE: Bank of America Reiterates on Alaska Air Group as Cash Returns to Shareholders Will Increase Further in 2014

In a report published Monday, Bank of America analyst Glenn D. Engel reiterated a Buy rating on Alaska Air Group (NYSE: ALK ), and raised the price target from $75.00 to $83.00. In the report, Bank of America noted, “ALK's October guidance indicated steadier than expected revenues and lower fuel