Redburn Partners Downgrades Southwest Airlines to Sell, Announces $27 Price Target
Portfolio Pulse from richadhand@benzinga.com
Redburn Partners analyst James Goodall has downgraded Southwest Airlines (NYSE:LUV) from Neutral to Sell and set a price target of $27.
August 07, 2023 | 9:14 am
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Southwest Airlines has been downgraded from Neutral to Sell by Redburn Partners, with a new price target of $27.
The downgrade from Neutral to Sell by Redburn Partners indicates a negative outlook for Southwest Airlines. The new price target of $27, if significantly lower than the current price, could lead to a sell-off, negatively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100