Southwest Airlines shares could recover from recent descent: Barron's

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Southwest (LUV) PT Lowered to $66 at Deutsche Bank

June 11, 2018 8:25 AM EDT

Deutsche Bank lowered its price target on Southwest (NYSE: LUV) to $66.00 (from $71.00) while maintaining a Buy rating.

The firm is lowering their June Q EPS forecast for Southwest from $1.40 to $1.25 to account for weaker-than-expected revenue trends (we are now forecasting RASM of -3.1% vs.... More