Jefferies Upgrades Southwest Airlines to Hold, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Sheila Kahyaoglu upgraded Southwest Airlines (NYSE:LUV) from Underperform to Hold and increased the price target from $20 to $28.
March 13, 2024 | 9:55 am
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Southwest Airlines was upgraded by Jefferies from Underperform to Hold, with a price target increase from $20 to $28.
The upgrade from Underperform to Hold by a reputable analyst like Sheila Kahyaoglu at Jefferies, coupled with a significant increase in the price target, suggests a more optimistic outlook on Southwest Airlines' performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100