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Southwest Airlines Company (LUV) [hlAlert]

down 33.28 %

Southwest Airlines Company (LUV) upgraded to Overweight with price target $17 by JP Morgan

Posted on: Monday,  Apr 19, 2010  8:25 AM ET by JP Morgan

JP Morgan rated Overweight Southwest Airlines Company (NYSE: LUV) on 04/19/2010. Previously JP Morgan rated Underweight Southwest Airlines Company (NYSE: LUV) on
10/19/2009., when the stock price was $9.02. Since then, Southwest Airlines Company has gained 49.89% as of 04/19/2010's recent price of $13.52.
If you would have followed the previous JP Morgan's recommendation on LUV, you would have lost 33.28% of your investment in 182 days.

Southwest Airlines Co. operates as a passenger airline that provides scheduled air transportation in the United States. As of December 31, 2007, the company operated 520 Boeing 737 aircraft and provided service to 64 cities in 32 states. It also sells credit to business partners, including credit card companies, hotels, telecommunication companies, and car rental agencies. Southwest Airlines was founded in 1967 and is headquartered in Dallas, Texas.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/19/2010 8:25 AM Buy
13.52 17.00
as of 12/31/2010
1 Week down  -2.85 %
1 Month down  -5.63 %
3 Months down  -3.82 %
1 YTD down  -25.30 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/19/2009 8:25 AM Sell
9.02 6.50
8/12/2008 8:25 AM Sell
6/28/2007 11:25 AM Hold

(*) Stock Price at the time of the recommendation.
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