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Southwest Airlines Stock Surges on JPMorgan Upgrade, $60 Price Target

Southwest Airlines Stock Surges on JPMorgan Upgrade, $60 Price Target

Author:

Global Cryptocurrency

Published:

2026-01-09 22:29:02

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BTCCSquare news:

Southwest Airlines (LUV) shares climbed 3.7% after JPMorgan's double upgrade to Overweight, accompanied by a bullish $60 price target. The MOVE reflects growing confidence in the carrier's 2026 earnings potential, with analysts projecting $5 per share—a figure that could redefine market expectations.

The airline's simplified EPS guidance framework has restored investor trust ahead of its January 29 earnings report. JPMorgan's endorsement positions Southwest as a standout in the airline sector, with technical indicators suggesting possible upside beyond $50 if revised guidance aligns with the bank's optimistic outlook.

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