Raymond James Maintains Outperform on Southwest Airlines, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Savanthi Syth has maintained an Outperform rating on Southwest Airlines (NYSE:LUV) but lowered the price target from $40 to $36.
October 05, 2023 | 12:14 pm
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Southwest Airlines' price target has been lowered from $40 to $36 by Raymond James, though the Outperform rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors, but the maintained Outperform rating suggests that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
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IMPORTANCE 70
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