UBS Reiterates Neutral Rating on Southwest (LUV)

UBS analyst Atul Maheswari reiterated a Neutral rating and $43.00 price target on Southwest (NYSE: LUV).

The analyst commented, "We recently met with members of the LUV management team including Reid Grandle, SVP Finance & Chief Strategy Officer, Danielle Collins, Managing Director of Investor Relations, and Lauren Yett from the Investor relations team at a sell-side event. Southwest cited confidence in its previously provided initiative targets for 2026 and 2027. The company reiterated it is seeing a "knife edge" in yield improvement in its forward bookings pre and post assigned seating/extra legroom launch date of Jan 27th. While the aircraft that have been retrofitted with extra leg room (ELS) seats are flying currently, the company is not monetizing those seats yet. It's doing so for bookings for trips scheduled on or after Jan 27th."

For an analyst ratings summary and ratings history on Southwest click here. For more ratings news on Southwest click here.

Shares of Southwest closed at $41.17 yesterday.

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