Airlines shares fall on warning of higher fuel costs

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Exane BNP Paribas Downgrades Southwest (LUV) to Neutral

September 6, 2023 3:33 AM EDT

Exane BNP Paribas analyst James Hollins downgraded Southwest (NYSE: LUV) from Outperform to Neutral with a price target of $34.00.


For an analyst ratings summary and ratings history on Southwest click here. For more ratings news on Southwest click here.


Shares of Southwest closed at $30.77 yesterday.

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BofA cuts airline price targets as jet fuel prices climb, reiterates Delta at Buy

September 5, 2023 8:29 AM EDT

BofA cut the price targets for several airline stocks in a note to clients Tuesday, stating fuel volatility is driving estimates lower.

Analyst Andrew Didora r noted that jet fuel costs have climbed 24% since earnings season began on July 13. As a result, it has adjusted the price targets for the following airlines:

The Delta Air Lines (NYSE: DAL) price target was lowered to... More

Southwest (LUV) PT Lowered to $33 at BofA Securities

September 5, 2023 7:48 AM EDT

BofA Securities analyst Andrew Didora lowered the price target on Southwest (NYSE: LUV) to $33.00 (from $35.00) while maintaining a Neutral rating.... More