Southwest Airlines (LUV) Declares $0.075 Quarterly Dividend; 0.8% Yield
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Southwest (LUV) Stock Viewed as 'Cheap', JPMorgan Upgrades to Overweight
July 30, 2015 6:44 AM EDT(Updated - July 30, 2015 10:00 AM EDT)
JPMorgan upgraded Southwest (NYSE: LUV) from Neutral to Overweight with a price target of $50.00 (from $42.50). Analyst Jamie Baker said the stock "looks cheap," and called Southwest's valuation the "stuff opportunities are made of."
"Earnings season provided a mixed bag for investors, with evidence of continued supply discipline tempered by the lack... More
