Morgan Stanley Reiterates Overweight on Southwest Airlines, Maintains $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker has reiterated an Overweight rating on Southwest Airlines (NYSE:LUV) and maintained a $60 price target.
July 06, 2023 | 2:09 pm
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Southwest Airlines' stock rating has been reiterated as Overweight by Morgan Stanley, with a maintained price target of $60.
The reiteration of an Overweight rating by a major financial institution like Morgan Stanley indicates a positive outlook for Southwest Airlines. This could potentially lead to an increase in investor confidence and a positive impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100