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Vetr Crowd Sees Southwest's Price Gains As Sell Opportunity

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On Wednesday, the Vetr crowd downgraded its rating on Southwest Airlines Company (NYSE: LUV) from 3 stars (Hold), issued two weeks ago, to 2.5 stars (Sell). Crowd sentiment at the time of the downgrade remained mostly positive, with 88 percent of Vetr user ratings bullish.

Vetr's Sell rating comes as Southwest, along with much of the transportation sector, posted big gains over the course of Wednesday's session. The stock rose 7.84 percent over the day to close at $58.88, close to its price prior to its disappointing Q3 earnings report and approaching a four-month high.

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Currently, the Vetr crowd's average price target on Southwest is down at $54.05, which is still just slightly higher than the average analyst price target of $53.27. Less than 2 percent of Vetr users are holding LUV in their watch-lists.

Latest Ratings for LUV

DateFirmActionFromTo
Jan 2020DowngradesBuyHold
Jan 2020DowngradesBuyNeutral
Nov 2019Initiates Coverage OnNeutral

View More Analyst Ratings for LUV
View the Latest Analyst Ratings

Posted-In: VetrDowngrades Price Target Analyst Ratings

 

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Latest Ratings

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CMSCredit SuisseDowngrades
PBCTStephens & Co.Maintains15.5
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