** TD Cowen and Susquehanna raise PT on Southwest Airlines LUV.N citing improving demand trends, strategic upgrades to fare and cabin offerings
** TD Cowen maintains rating at "hold" and Susquehanna at "neutral"
** LUV demonstrated resilient operations in Q3, navigating challenges such as July weather disruptions and the Dallas ATC outage, says TD Cowen
** Notes an improved demand outlook, with strong close-in holiday leisure bookings expected to provide upside in Q4
** Susquehanna says LUV's $2 billion stock buyback plan signals confidence in co's long-term value and strategic direction
** 5 of 22 brokerages rate the stock "buy" or higher, 11 "hold" and 6 "sell"; their median PT is $34 - data compiled by LSEG
** As of last close, stock down 3.9% YTD
Brokerages | New PT | Old PT | Upside/ (Downside) from stocks last close |
TD Cowen | $24 | $21 | (25.7%) |
Susquehanna | $35 | $30 | 8.3% |
(Reporting by Apratim Sarkar in Bengaluru)
((Apratim.Sarkar@thomsonreuters.com))