Deutsche Bank Downgrades Southwest Airlines to Hold, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has downgraded Southwest Airlines (NYSE:LUV) from Buy to Hold and lowered its price target from $32 to $29.
July 26, 2024 | 11:40 am
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Deutsche Bank analyst Michael Linenberg has downgraded Southwest Airlines from Buy to Hold and reduced the price target from $32 to $29.
The downgrade from Buy to Hold and the reduction in the price target by Deutsche Bank is likely to negatively impact investor sentiment and could lead to a short-term decline in the stock price of Southwest Airlines.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100