Citigroup Initiates Coverage on Southwest Airlines (LUV) with Neutral Rating

Citigroup has initiated coverage on Southwest Airlines (LUV) with a "Neutral" rating and set a price target of $38.00 USD. This marks Citigroup's first rating for the airline, and the market will be observing its impact on investor sentiment. Other analysts have recently maintained or adjusted their ratings and price targets for Southwest Airlines, with the average analyst target suggesting a slight downside, while GuruFocus estimates an upside.