Citigroup Maintains Neutral on Southwest Airlines, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Stephen Trent has maintained a Neutral rating on Southwest Airlines (NYSE:LUV) and increased the price target from $25 to $30.
December 18, 2023 | 4:09 pm
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Citigroup analyst Stephen Trent has maintained a Neutral rating on Southwest Airlines but raised the price target from $25 to $30.
The increase in price target by Citigroup suggests a positive outlook on the stock's value, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst does not see significant upside or downside in the near term, which tempers the impact.
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IMPORTANCE 75
RELEVANCE 100