Activist investor Elliott takes nearly $2 bln stake in Southwest Airlines- WSJ

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Melius Reiterates Sell Rating on Southwest (LUV)

June 10, 2024 5:54 AM EDT

Melius analyst Conor Cunningham reiterated a Sell rating and $22.00 price target on Southwest (NYSE: LUV)

The analyst comments "Bottom Line What is very clear is that the current plan of just waiting and hoping margins improve is not sustainable. More aggressive actions... More