Why Southwest Stock Is Flying Higher Today
Delta Air Lines provided a surprisingly strong outlook for the second half of the year, and the entire airline sector is taking off as a result. Shares of Southwest Airlines (NYSE: LUV) traded up 7% as of 11:30 a.m. ET following Delta's strong report.
Image source: Southwest Airlines.
There is a lot of investor uncertainty heading into airline earnings season. Although results came in largely as expected three months ago, growing concerns about the impact of inflation and tariffs on consumers kept many investors on the sidelines.
Source Fool.com
Southwest Airlines Co. Stock
€27.70
0.800%
Based on 7 Buy predictions and 8 Sell predictions the sentiment towards Southwest Airlines Co. is rather balanced.
However, we have a potential of 8.3% for Southwest Airlines Co. as the target price of 30 € is above the current price of 27.7 €.
