Evercore ISI Group Maintains Outperform on Southwest Airlines, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Duane Pfenningwerth has maintained an 'Outperform' rating on Southwest Airlines (NYSE:LUV) but lowered the price target from $42 to $38.

August 28, 2023 | 2:04 pm
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Southwest Airlines' price target has been lowered from $42 to $38 by Evercore ISI Group, though the 'Outperform' rating is maintained.
The lowering of the price target by Evercore ISI Group could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating suggests that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100