LUV Crosses Above Average Analyst Target
November 25, 2020 at 09:14 AM EST
In recent trading, shares of Southwest Airlines Co (LUV) have crossed above the average analyst 12-month target price of $47.23, changing hands for $48.25/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..