Southwest (LUV) PT Raised to $29 at Citi
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Will Elliott's Southwest Airlines overhaul succeed? Key challenges analyzed
June 17, 2024 8:00 PM EDTCiti analysts questioned the guaranteed success of Elliott Investment Management's plan to revitalize Southwest Airlines (NYSE: LUV), according to a note Monday.
While acknowledging potential improvements from an overhaul of oversight and revenue strategy, the note highlights concerns about the impact on customers and competition.
Elliott's proposals include replacing executives and board members,... More
