BofA analyst raised Southwest’s price target to $42, citing underestimated earnings from new credit card agreement. Firm keeps Underperform rating, but raises 2026 EPS estimate to $4.36 from $3.60. Analyst notes skepticism from firm and Street on execution of plan, sees “much priced in” after earnings day stock move.

Source: TheFly

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Read more at Yahoo Finance: Southwest price target raised to $42 from $37 at BofA