Southwest Airlines Reaches Analyst Target Price
June 11, 2024 at 06:43 AM EDT
In recent trading, shares of Southwest Airlines Co (LUV) have crossed above the average analyst 12-month target price of $28.71, changing hands for $29.70/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..