
Shares of Southwest Airlines LUV.N rise nearly 2.8% to about $42.90
Barclays upgrades LUV's rating to "overweight" from "equal weight", raises price target to $56 from $34
New PT represents an upside of 34.2% from stock's last close
Brokerage expects LUV to benefit from material improvement in relative revenue generation, especially in early 2026 as extra legroom and assigned seating options go live
LUV's EPS to exceed $4 in 2026 and north of $6 in 2027, driving our revised estimates 60% and 70% above current consensus - Barclays
Six of 24 brokerages rate the stock "buy" or higher, 12 "hold" and six "sell" or lower; their median PT is $36; according to data compiled by LSEG
Including session's move, shares up 27.6% YTD