Bernstein Downgrades Southwest Airlines to Market Perform, Lowers Price Target to $32
Portfolio Pulse from richadhand@benzinga.com
Bernstein analyst David Vernon has downgraded Southwest Airlines (NYSE:LUV) from Outperform to Market Perform and lowered the price target from $41 to $32.
July 31, 2023 | 9:35 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Southwest Airlines has been downgraded by Bernstein from Outperform to Market Perform, with a reduced price target of $32.
The downgrade from Outperform to Market Perform by Bernstein, along with a reduced price target, indicates a less optimistic outlook for Southwest Airlines. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100