JP Morgan Maintains Neutral on Southwest Airlines, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jamie Baker has maintained a Neutral rating on Southwest Airlines (NYSE:LUV) and increased the price target from $24 to $29.
January 26, 2024 | 4:01 pm
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JP Morgan has maintained a Neutral rating on Southwest Airlines but raised the price target from $24 to $29, indicating a positive outlook on the stock's value.
The increase in price target by JP Morgan suggests an improved outlook on the company's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100