Southwest Airlines (NYSE:LUV) Given New $55.00 Price Target at Raymond James Financial

Raymond James Financial has increased its price target for Southwest Airlines (NYSE:LUV) to $55.00 from $45.00, maintaining an “outperform” rating and implying a potential upside of 41.69%. Despite the raised target from Raymond James, analyst views on LUV are mixed, with a consensus “Hold” rating and an average price target of $44.31, reflecting varied opinions among brokers. Southwest’s Q1 results met EPS estimates but missed revenue, and Q2 guidance along with rising jet fuel costs pose potential near-term earnings headwinds for the airline.

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