Southwest Airlines rises as TD Cowen upgrades to 'buy' rating

TD Cowen upgrades Southwest Airlines LUV.N to "buy" from "hold" rating

Brokerage says the 2026 industry backdrop is shaping up as expected, with strong demand and disciplined supply, making negative revisions for Southwest unlikely

Shares of co rise ~1% to $51.4 premarket

TD Cowen raised PT to $66 from $50, representing a 29.5% upside to the stock's last close of $50.93

26 analysts rate the stock "hold" on average; median PT is $50 - data compiled by LSEG

As of last close, stock up 23.22% YTD