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Barclays Sticks to Its Buy Rating for Southwest Airlines (LUV)

Tipranks - Tipranks - Fri Apr 24, 5:46AM CDT

Barclays analyst Brandon Oglenski maintained a Buy rating on Southwest Airlines today and set a price target of $56.00.

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Oglenski covers the Industrials sector, focusing on stocks such as JetBlue Airways, FedEx, and Delta Air Lines. According to TipRanks, Oglenski has an average return of 7.3% and a 53.07% success rate on recommended stocks.

In a report released on April 12, Seaport Global also reiterated a Buy rating on the stock with a $0.00 price target.

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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

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