Barclays Maintains Equal-Weight on Southwest Airlines, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandon Oglenski maintains an Equal-Weight rating on Southwest Airlines (NYSE:LUV) and lowers the price target from $30 to $26.
April 26, 2024 | 2:29 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Barclays maintains an Equal-Weight rating on Southwest Airlines and reduces the price target from $30 to $26.
The reduction in price target by Barclays reflects a negative outlook on the stock's short-term price potential, likely due to anticipated challenges or underperformance relative to the market. This adjustment could lead to a decrease in investor confidence and a potential short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100