Wednesday, March 4, 2020

Why Southwest Airlines was upgraded amid worries about air travel

Southwest Airlines Co.’s unique position among the four largest U.S. airlines could be a boon as the travel industry braces for softening demand as the coronavirus spreads. Whereas American Airlines, United Airlines and Delta Air Lines each have heavy exposure globally, the Dallas-based carrier’s network is much more focused domestically. That’s why analysts at Evercore ISI upgraded Southwest (NYSE: LUV) from “In Line” to “Outperform” in a research note earlier this week. Amid a broader selloff,…



from https://www.bizjournals.com/baltimore/news/2020/03/04/southwest-airlines-upgrade.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/611670871538597888

No comments:

Post a Comment