UPDATE: Bank of America Reiterates Underperform Rating, Raises PT on Southwest Airlines Co.
Posted on January 25, 2013 at 13:07 PM EST
In a report published Friday, Bank of America reiterated its Underperform rating on Southwest Airlines Co. (NYSE: LUV ), and raised its price target from $8.50 to $10.00. Bank of America noted, “LUV consistently operates a low-cost, reliable, worker-and-customer-friendly airline with the industry's strongest balance sheet. The acquired AirTran offers
