Why Southwest Airlines Is Flying High Today
Southwest Airlines (NYSE: LUV) is making a number of moves designed to boost profitability, including abandoning its decades-long practice of not charging for checked bags.
Investors cheered the news, sending Southwest shares up 16% at the open and up 8% as of 10 a.m. Eastern.
Southwest has always positioned itself as an outsider in the cutthroat airline industry, building its business by flying to underserved airports and offering customer-friendly policies that other airlines didn't match.
Source Fool.com
Southwest Airlines Co. Stock
€34.93
-0.840%
Based on 9 Buy predictions and 8 Sell predictions the sentiment towards Southwest Airlines Co. is rather balanced.
However, we have a potential of -5.53% for Southwest Airlines Co. as the target price of 33 € is below the current price of 34.93 €.
