Morgan Stanley Maintains Overweight on Southwest Airlines, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker maintains an Overweight rating on Southwest Airlines (NYSE:LUV) but lowers the price target from $63 to $60.
June 06, 2023 | 12:15 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Overweight rating on Southwest Airlines (LUV) and lowers the price target from $63 to $60.
Morgan Stanley's lowered price target for Southwest Airlines may have a neutral short-term impact on the stock price. While the Overweight rating indicates a positive outlook, the reduced price target may offset any potential gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100