Southwest Airlines: Why BofA Says 'Sell'
Southwest Airlines earned a "Sell" rating ($28). Its profits depend on cost cuts, not revenue growth, and fuel forecasts seem "too optimistic."
/ 2 items
Southwest Airlines earned a "Sell" rating ($28). Its profits depend on cost cuts, not revenue growth, and fuel forecasts seem "too optimistic."
Southwest Airlines beats expectations with Q3 profit, driven by new baggage fees and improved travel demand. Carrier forecasts record Q4 revenue amid major business transformation.