Jefferies Upgrades Southwest Airlines to Hold, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Sheila Kahyaoglu has upgraded Southwest Airlines (NYSE:LUV) from Underperform to Hold and increased the price target from $24 to $32.
October 09, 2024 | 1:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Jefferies has upgraded Southwest Airlines from Underperform to Hold, with a new price target of $32, indicating a more positive outlook on the stock.
The upgrade from Underperform to Hold suggests that Jefferies sees improved performance or reduced downside risk for Southwest Airlines. The raised price target to $32 indicates a more optimistic valuation, which could positively influence investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100