Southwest Airlines (LUV) Gets a Sell from Goldman Sachs
Goldman Sachs analyst Catherine O’Brien maintained a Sell rating on Southwest Airlines yesterday and set a price target of $30.00. The company’s shares closed yesterday at $37.57.
End of Quarter Sale - 50% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
O’Brien covers the Industrials sector, focusing on stocks such as Southwest Airlines, JetBlue Airways, and Alaska Air. According to TipRanks, O’Brien has an average return of -2.7% and a 50.75% success rate on recommended stocks.
Currently, the analyst consensus on Southwest Airlines is a Moderate Buy with an average price target of $48.74.
Based on Southwest Airlines’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $7.44 billion and a net profit of $323 million. In comparison, last year the company earned a revenue of $6.93 billion and had a net profit of $261 million
Read More on LUV:
Disclaimer & DisclosureReport an Issue
- Delta (DAL) Picks Amazon Leo to Power Faster In-Flight Wi-Fi Across Its Fleet
- Airlines face dilemma as surging oil price threaten travel demand, Reuters says
- Airlines Face Tough Choice amid Iran Tensions: Raise Prices or Cut Capacity?
- Trump Trade: Senate advances DHS bill, Trump to sign EO paying TSA
- Trump to sign executive order paying TSA amid DHS shutdown, Bloomberg says
