Dahlman Rose Upgrades Southwest (LUV) to Buy; Valuation Call
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Price: $29.73 --0%
Rating Summary:
14 Buy, 18 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 9 | New: 13
Rating Summary:
14 Buy, 18 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 9 | New: 13
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Dahlman Rose upgraded Southwest (NYSE: LUV) from Hold to Buy. PT $15.
Dahlman analyst says, "We believe the integration of AirTran Airways (NYSE: AAI) into Southwest will add significant revenue potential related to the Atlanta market. Management's expectations for $400 million in net synergies may prove conservative...We believe Southwest's ability to successfully manage in any economic environment and increase revenues will differentiate the company versus the rest of the group."
For more ratings news on Southwest click here and for the rating history of Southwest click here.
Shares of Southwest closed at $12.11 yesterday.
Dahlman analyst says, "We believe the integration of AirTran Airways (NYSE: AAI) into Southwest will add significant revenue potential related to the Atlanta market. Management's expectations for $400 million in net synergies may prove conservative...We believe Southwest's ability to successfully manage in any economic environment and increase revenues will differentiate the company versus the rest of the group."
For more ratings news on Southwest click here and for the rating history of Southwest click here.
Shares of Southwest closed at $12.11 yesterday.
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