Southwest Airlines shares are trading lower after Bernstein maintained a Market Perform rating on the stock but lowered its price target from $32 to $29.
Portfolio Pulse from Benzinga Newsdesk
Southwest Airlines' shares are trading lower after Bernstein maintained a Market Perform rating on the stock but lowered its price target from $32 to $28.
September 26, 2023 | 6:23 pm
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Bernstein has maintained a Market Perform rating on Southwest Airlines but lowered its price target from $32 to $28, leading to a drop in the company's shares.
The lowering of the price target by Bernstein indicates a less optimistic outlook for Southwest Airlines, which has led to a decrease in the company's share price. This news is highly relevant and important for investors in Southwest Airlines, as it directly impacts their potential returns.
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