UPDATE: Credit Suisse Upgrades Southwest Airlines On Estimate Revisions

by Benzinga Staff
January 28, 2015 9:52 AM | 30 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

In a report published Wednesday, Credit Suisse analyst Julie Yates upgraded the rating on Southwest Airlines Co. (NYSE: LUV) from Neutral to Outperform, and raised the price target from $48.00 to $62.00.In the report, Credit Suisse noted, “Our 2015E rises to $3.67 (from $2.97) following a detailed review of our model after last week's earnings. We are upgrading shares to Outperform from Neutral and raising our TP to $62, 35% potential upside from yesterday's close. Shares are trading at 12.5x our new 2015E, several turns below its historical mid-high teens multiple.”Southwest Airlines closed on Tuesday at $45.88.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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Posted In: Analyst ColorUpgradesAnalyst RatingsCredit SuisseJulie Yates

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