Elliott to call special shareholder meeting to oust Southwest CEO
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Wolfe Research Comments on Southwest (LUV) Amid 10% Gain Today
September 26, 2024 10:14 AM EDTWolfe Research analyst Scott Group reiterated a Peerperform rating and {REMOVEPT} price target on Southwest (NYSE: LUV).
The analyst comments "LUV filed an 8-K and presentation this morning ahead of its Analyst Day starting at 10:30am ET. Notably, LUV raised... More
Evercore ISI Comments on Southwest (LUV) Amid 10% Upside Gain Today
September 26, 2024 10:13 AM EDTEvercore ISI analyst Duane Pfenningwerth reiterated an Outperform rating and $35.00 price target on Southwest (NYSE: LUV)
The analyst comments "Ahead of the companys investor day in Dallas later this morning, Southwest raised 3Q guidance and communicated long-term plans accentuated by capital... More
Barclays Reiterates Equalweight Rating on Southwest (LUV)
September 25, 2024 6:32 AM EDTBarclays analyst Brandon Olgenski reiterated an Equalweight rating and $27.00 price target on Southwest (NYSE: LUV).
The analyst comments "It appears shareholders at Southwest will soon have a say on Elliotts proposed board slate and current CEO Bob Jordans recently overhauled commercial strategy; management will need to convince the market that the team is ready to execute significant changes needed to close a widening profit gap to competitors. Southwest Airlines investor day later this week will be closely watched given the dueling narratives from an entrenched leadership team and activist investor... More
Bernstein SocGen Group Reiterates Market Perform Rating on Southwest (LUV)
September 25, 2024 6:30 AM EDTBernstein SocGen Group analyst David Vernon reiterated a Market Perform rating and $24.00 price target on Southwest (NYSE: LUV).
The analyst comments "Elliott will formally request a special meeting in the coming weeks. After throwing around reckless and chaotic a few more times to describe leadership functioning in... More
