Southwest Airlines (LUV) Gets a Hold from Wells Fargo
Wells Fargo analyst Christian Wetherbee maintained a Hold rating on Southwest Airlines today and set a price target of $50.00.
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According to TipRanks, Wetherbee is a 5-star analyst with an average return of 15.3% and a 63.62% success rate. Wetherbee covers the Industrials sector, focusing on stocks such as American Airlines, Delta Air Lines, and United Airlines Holdings.
In addition to Wells Fargo, Southwest Airlines also received a Hold from Susquehanna’s Christopher Stathoulopoulos in a report issued on July 7. However, on July 6, Raymond James maintained a Buy rating on Southwest Airlines (NYSE: LUV).
Based on Southwest Airlines’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $7.25 billion and a net profit of $227 million. In comparison, last year the company earned a revenue of $6.43 billion and had a GAAP net loss of $149 million
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