Americas

SOUTHWEST AIRLINES PRICE TARGET LOWERED BY UBS

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SOUTHWEST AIRLINES PRICE TARGET LOWERED BY UBS

UBS has lowered its price target for Southwest Airlines to $12.50 from $13.25, and maintained its neutral rating.

The airline has a potential upside of 41.7% based on a current price of $11.84 and an average consensus analyst price target of $16.77, says UBS.

Southwest Airlines is currently below its 50-day moving average (MA) of $12.58 and below its 200-day MA of $12.42.