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Southwest Airlines lands an upgrade from Susquehanna

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conix   Tuesday, 04/21/20 06:40:45 PM
Re: zulu041 post# 391
Post # of 455 
Southwest Airlines lands an upgrade from Susquehanna

Apr. 21, 2020 10:00 AM ET|About: Southwest Airlines Co. (LUV)|By: Clark Schultz, SA News Editor

Susquehanna turns constructive on Southwest Airlines (LUV -0.1%) even as it warns that it will take several years for travel to return to pre-pandemic levels.

"Our base-case view is that travel demand will return in waves as social distancing measures are eased, with pent-up demand driving initial volumes and fare cuts stimulating demand beyond that."

LUV stands out with its strong balance sheet and lower mix of international flights than some peers.

The firm upgrades to Positive from Neutral.


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