Redburn analyst James Goodall downgraded Southwest Airlines to Neutral from Buy with a $40 fair value estimate. The analyst expects Southwest to face greater pricing pressure relative to peers and says the investment case is now "less clear."
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on LUV:
- Southwest, FedEx planes may have come within 100 feet of each other, WSJ reports
- Southwest Dispatchers and Facilities Maintenance Technicians approve CBAs
- Southwest COO to face questions from Senate panel next Thursday, CNBC says
- Southwest promotes Lauren Woods to chief information officer
- SOUTHWEST AIRLINES DECLARES 176th QUARTERLY DIVIDEND