CORRECTION: Bernstein On Tuesday Maintained Market Perform On Southwest Airlines, Lowered Price Target To $29 (Corrects PT)
Portfolio Pulse from Benzinga Newsdesk
Bernstein has maintained a 'Market Perform' rating on Southwest Airlines but has lowered the price target to $29.
September 27, 2023 | 12:46 pm
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Southwest Airlines' price target has been lowered to $29 by Bernstein, while maintaining a 'Market Perform' rating.
The lowering of the price target by Bernstein indicates a potential decrease in the stock price of Southwest Airlines in the short term. However, the 'Market Perform' rating suggests that the stock is expected to perform similarly to the overall market, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100