Southwest Airlines (LUV) option implied volatility elevated into EPS and outlook

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Southwest (LUV) PT Lowered to $68 at Imperial Capital Following 1Q

April 27, 2018 8:41 AM EDT

Imperial Capital lowered its price target on Southwest (NYSE: LUV) to $68.00 (from $75.00) while maintaining a Outperform rating following the company's 1Q. In its earnings release on 4/26/18, LUV indicated 2Q18 RASM is expected decline 1-3%, including a 1-2% impact from the recent accident.

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