Jefferies Downgrades Southwest Airlines to Underperform, Announces $25 Price Target
Portfolio Pulse from richadhand@benzinga.com
Jefferies analyst Sheila Kahyaoglu has downgraded Southwest Airlines (NYSE:LUV) from Hold to Underperform and set a price target of $25.
August 04, 2023 | 12:52 pm
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Southwest Airlines has been downgraded by Jefferies from Hold to Underperform with a price target of $25.
The downgrade from Jefferies could negatively impact the stock price of Southwest Airlines in the short term. The new price target of $25, if significantly lower than the current price, could further pressure the stock.
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