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

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Southwest (LUV) PT Lowered to $56 at Imperial Capital

October 26, 2018 8:51 AM EDT

Imperial Capital analyst Michael Derchin lowered the price target on Southwest (NYSE: LUV) to $56.00 (from $66.00) while maintaining a In-Line rating following the company's 3Q earnings report. In its release on 10/25/18, LUV indicated FY19 CASM ex-fuel is expected to increase 3% due to necessary investments... More