Southwest Airlines is downgraded at Evercore on a call tied to valuation

7 hours ago 1
Southwest Airlines On Final

Evercore ISI lowered its rating on Southwest Airlines Co. (NYSE:LUV) on Tuesday to In-Line from Outperform after seeing shares rally this year and push valuation higher.

Analyst Duane Pfennigwerth noted that Southwest (NYSE:LUV) is in the process of implementing

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