TD Cowen Remains a Hold on Southwest Airlines (LUV)
In a report released today, Thomas Fitzgerald CFA from TD Cowen reiterated a Hold rating on Southwest Airlines, with a price target of $50.00.
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According to TipRanks, Fitzgerald CFA is a 5-star analyst with an average return of 21.6% and a 69.77% success rate. Fitzgerald CFA covers the Industrials sector, focusing on stocks such as Alaska Air, JetBlue Airways, and Delta Air Lines.
In addition to TD Cowen, Southwest Airlines also received a Hold from TipRanks – OpenAI’s OpenAI Airlines Airports and Air Services in a report issued yesterday. However, today, Bank of America Securities reiterated a Sell rating on Southwest Airlines (NYSE: LUV).
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
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LUV in relation to earlier this year. Last month, Justin Jones, the EVP Operations of LUV sold 8,085.00 shares for a total of $302,055.60.
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- Southwest upgraded to Outperform from Market Perform at BMO Capital
- Southwest price target raised to $55 from $50 at Morgan Stanley
- Southwest says does not have any active aircraft RFPs in the market
- Southwest says plans to keep management headcount expense flat to 2025 levels
- Southwest sees FY26 net CapEx $3B-$3.5B
