Elliott Statement on Southwest Airlines' Revenue Enhancement Initiatives
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Deutsche Bank Downgrades Southwest (LUV) to Hold, 'See near-term EPS pressure'
July 26, 2024 7:33 AM EDTDeutsche Bank analyst Michael Linenberg downgraded Southwest (NYSE: LUV) from Buy to Hold with a price target of $29.00 (from $32.00).
The analyst comments "We are lowering our 12-month price target on LUV's shares from $32 to $29. Our PT is derived by applying a ~4x EV/EBITDAR multiple to our 2024 EBITDAR... More
