UPDATE: Credit Suisse Reiterates Neutral Rating, Raises PT on Southwest Airlines Co. on Minor Model/Price Adjustments

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In a report published Tuesday, Credit Suisse analyst Julie Yates reiterated a Neutral rating on
Southwest Airlines Co.LUV
, and raised the price target from $43.00 to $45.00. In the report, Credit Suisse noted, “After minor model maintenance and aligning our jet fuel price assumptions across our coverage, we are updating estimates and target prices for UAL, AAL and LUV. Our TP for UAL rises to $79 (from $71), for AAL to $58 (from $56) and for LUV to $45 (from $43).” Southwest Airlines Co. closed on Monday at $40.97.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsAirlinesCredit SuisseIndustrialsJulie Yates
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