- 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
