Southwest Airlines Stock Hits 3-Year Highs on Double-Upgrade

Airline stock Southwest Airlines Co (NYSE:LUV) was last seen up 2.8% at $44.15, trading at fresh three-year highs after a rare double-upgrade from J.P. Morgan Securities to "overweight" from "underweight." The firm expressed excitement over the company's 2026 earnings prospects, throwing in a price-target hike to $60 from $36. On the charts, LUV enjoyed a sharp upswing from early to mid-December, and today broke above pressure at the $43 level that had been in place since then. On track for its fifth-straig ...