Argus Research Upgrades Southwest Airlines to Buy, Announces $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst John Staszak has upgraded Southwest Airlines (NYSE:LUV) from Hold to Buy and set a price target of $40.

March 12, 2024 | 12:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Southwest Airlines was upgraded by Argus Research from Hold to Buy with a new price target of $40.
Upgrades by reputable analysts like Argus Research typically lead to positive short-term price movements as they reflect a positive outlook on the company's future performance. The new price target of $40 suggests a significant upside potential from the current trading price, likely attracting investor interest and driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100