Southwest Airlines (LUV) Provides Guidance Update

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Goldman Sachs Reiterates Sell Rating on Southwest (LUV)

December 5, 2024 9:41 AM EST

Goldman Sachs analyst Catherine O\'Brien reiterated a Sell rating and $28.00 price target on Southwest (NYSE: LUV).

The analyst comments "Southwest published an investor update this morning raising its Dec Q outlook on better-than-expected revenue, partially offset by higher fuel. The company now expects unit revenue ("RASM") to be up... More

Raymond James Reiterates Outperform Rating on Southwest (LUV)

December 5, 2024 8:17 AM EST

Raymond James analyst Savanthi Syth reiterated an Outperform rating and $36.00 price target on Southwest (NYSE: LUV)

The analyst comments "Thursday morning Southwest issued an 8-K updating 4Q24 guidance. Most notably, it increased its y/y RASM (unit revenue) outlook from 3.5-5.5% to 5.5-7.0% driven by stronger than expected leisure travel... More