Southwest Airlines settles boardroom feud with activist investor Elliott

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Citi Reiterates Neutral Rating on Southwest (LUV)

October 28, 2024 5:42 AM EDT

Citi analyst Stephen Trent reiterated a Neutral rating and $31.50 price target on Southwest (NYSE: LUV).

The analyst comments "Forecast adjustments for Neutral-rated Southwest Airlines include the incorporation of (A) higher, expected revenue per available seat mile or RASM, (B) lower, forecasted fuel... More