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UBS Remains a Buy on Southwest Airlines (LUV)

Tipranks - Tipranks - Tue Mar 17, 8:07AM CDT

UBS analyst Atul Maheswari maintained a Buy rating on Southwest Airlines today and set a price target of $59.00.

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According to TipRanks, Maheswari is an analyst with an average return of -7.8% and a 46.81% success rate.

In addition to UBS, Southwest Airlines also received a Buy from Barclays’s Brandon Oglenski in a report issued today. However, on the same day, Wells Fargo assigned a Hold rating to Southwest Airlines (NYSE: LUV).

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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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