BofA/Merrill Lynch Reinstates Southwest (LUV) at Buy

After the close of trading Wednesday, BofA/Merrill Lynch reinstates coverage on Southwest (NYSE: LUV) with a Buy rating and a price target of $52.00.

Analyst Andrew Didora said the company has strong organic growth opportunities which should provide upside to PRASM.

For an analyst ratings summary and ratings history on Southwest click here. For more ratings news on Southwest click here.

Shares of Southwest closed at $42.59 yesterday.

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