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BMO Capital Reaffirms Their Buy Rating on Southwest Airlines (LUV)

Tipranks - Tipranks - Sat Jul 25, 6:30AM CDT

In a report released today, Michael Goldie from BMO Capital reiterated a Buy rating on Southwest Airlines, with a price target of $60.00.

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Goldie covers the Industrials sector, focusing on stocks such as Alaska Air, JetBlue Airways, and Southwest Airlines. According to TipRanks, Goldie has an average return of 4.0% and a 60.00% success rate on recommended stocks.

In addition to BMO Capital, Southwest Airlines also received a Buy from UBS’s Atul Maheswari in a report issued today. However, on the same day, Citi assigned a Hold rating to Southwest Airlines (NYSE: LUV).

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Based on Southwest Airlines’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $8.43 billion and a net profit of $233 million. In comparison, last year the company earned a revenue of $7.24 billion and had a net profit of $213 million

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