Alaska Air (NYSE:ALK) Top Low-Risk Airline Stock Says Soleil

Alaska Air (NYSE:ALK) is considered the top low-risk airline stock by Soleil Securities, which raised its EPS estimates on the company, along with its price target.

Soleil says, "ALK has significant opportunities to enhance shareholder value with share repurchases and, ultimately but not imminently, a dividend. The free cash flow yield on 2011 estimates is an attractive 13% at the current stock price."

Soleil boosted their full year 2011 EPS estimate from $7.35 to $7.85 on Alaska Air, and introduced their full year 2012 EPS estimate at $9.00.

They maintain their "Buy" rating on Alaska Air, which closed Wednesday at $61.06, losing $0.07, or 0.11 percent. Soleil raised their price target on ALK from $70 to $74.