Susquehanna has decided to maintain its Neutral rating of Southwest Airlines LUV and raise its price target from $32.00 to $35.00.
Shares of Southwest Airlines are trading down 0.87% over the last 24 hours, at $38.84 per share.
A move to $35.00 would account for a 9.89% decline from the current share price.
About Southwest Airlines
Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 700 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights, using a point-to-point network. Southwest operates a low-cost carrier business model.
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