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Southwest price target raised to $42 from $37 at BofA
Yahoo Finance· 2026-01-31 13:26
Core Viewpoint - BofA analyst Andrew Didora has raised the price target for Southwest Airlines (LUV) to $42 from $37 while maintaining an Underperform rating on the shares, indicating skepticism about the execution of the company's plans [1] Group 1: Price Target and Rating - The price target for Southwest Airlines has been increased to $42 from $37 [1] - The Underperform rating on the shares remains unchanged [1] Group 2: Earnings Estimates - The analyst acknowledges a potential underestimation of earnings from the new credit card agreement [1] - The firm's EPS estimate for 2026 has been raised to $4.36 from $3.60 [1] Group 3: Market Sentiment - There is a belief that much of the positive sentiment has already been priced in following the stock's movement on earnings day [1]