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Citi Remains a Hold on Southwest Airlines (LUV)

Tipranks - Tipranks - Tue Mar 24, 5:58AM CDT

Citi analyst John Godyn maintained a Hold rating on Southwest Airlines today and set a price target of $44.00.

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Godyn covers the Industrials sector, focusing on stocks such as Allegiant Travel Company, Delta Air Lines, and JetBlue Airways. According to TipRanks, Godyn has an average return of -3.0% and a 37.97% success rate on recommended stocks.

In addition to Citi, Southwest Airlines also received a Hold from Wells Fargo’s Christian Wetherbee in a report issued on March 18. However, on the same day, TD Cowen maintained a Buy rating on 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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