TD Cowen Maintains Outperform on Southwest Airlines, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Helane Becker maintains an Outperform rating on Southwest Airlines (NYSE:LUV) but lowers the price target from $40 to $37.
July 28, 2023 | 2:32 pm
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Southwest Airlines' price target has been lowered from $40 to $37 by TD Cowen, though the Outperform rating is maintained.
The lowering of the price target by TD Cowen could potentially lead to a negative sentiment among investors, which might put downward pressure on the stock price in the short term. However, the maintained Outperform rating indicates that the analyst still sees potential in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100