TD Cowen Downgrades Southwest Airlines to Market Perform, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Helane Becker has downgraded Southwest Airlines (NYSE:LUV) from Outperform to Market Perform and lowered the price target from $26 to $20.
October 27, 2023 | 10:34 am
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Southwest Airlines has been downgraded to Market Perform by TD Cowen, with a lowered price target of $20.
The downgrade from Outperform to Market Perform by TD Cowen, along with a lowered price target, indicates a less optimistic outlook for Southwest Airlines. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
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