Southwest Airlines (LUV) Stock: $42 Target From Citi

By Amit Chowdhry ● Aug 4, 2022
  • The shares of Southwest Airlines (LUV) recently received a $42 price target from Citi. These are the details.

The shares of Southwest Airlines (LUV) recently received a $42 price target from Citi. And Citi analyst Stephen Trent is maintaining a “Neutral” rating on the shares.

Trent adjusted the rating while noting that the risk/reward in Southwest shares seems reasonably balanced with solid second quarter profitability and an industry-leading balance sheet, weighed against ongoing concerns about the carrier’s ex-fuel unit cost development along with management’s comments regarding June as the peak month for revenue generation