Susquehanna Maintains Neutral Rating for Southwest Airlines: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Susquehanna has maintained its Neutral rating for Southwest Airlines (NYSE:LUV) and increased its price target from $32.00 to $35.00. Despite this, Southwest Airlines' shares have seen a 0.87% decline over the last 24 hours, trading at $38.84 per share.
July 12, 2023 | 5:00 pm
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NEGATIVE IMPACT
Despite Susquehanna's raised price target, Southwest Airlines' shares have declined by 0.87% over the last 24 hours.
Susquehanna's decision to maintain a Neutral rating and raise the price target for Southwest Airlines indicates a positive outlook. However, the recent 0.87% decline in the company's shares suggests that the market may not fully align with this outlook in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100