Exane BNP Paribas Downgrades Southwest Airlines to Neutral, Announces $34 Price Target
Portfolio Pulse from Benzinga Newsdesk
Exane BNP Paribas analyst James Hollins has downgraded Southwest Airlines (NYSE:LUV) from Outperform to Neutral and set a price target of $34.
September 06, 2023 | 10:09 am
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Southwest Airlines has been downgraded by Exane BNP Paribas from Outperform to Neutral, with a new price target of $34.
The downgrade from Outperform to Neutral by a major analyst indicates a less optimistic outlook for the company's stock. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $34 also provides a benchmark for investors, which could influence trading decisions.
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IMPORTANCE 80
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