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
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100