LUV Stock: $64 Target (Up From $51) By Barclays

By Amit Chowdhry ● April 19, 2021
  • The shares of Southwest Airlines Co (NYSE: LUV) have received a price target increase from $51 to $64 by Barclays. These are the details.

The shares of Southwest Airlines Co (NYSE: LUV) have received a price target increase from $51 to $64 by Barclays. And Barclays analyst Brandon Oglenski is maintaining an “Equal Weight” rating on the company shares.

Oglenski noted that airlines have seen a solid start in 2012. And the average equity in the sector had outperformed the S&P 500 by more than 25% year-to-date.

However, Oglenski acknowledged that the path to a post-pandemic recovery will be volatile.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.