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Analysts Offer Insights on Industrial Goods Companies: Southwest Airlines (LUV) and Boeing (BA)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Southwest Airlines (LUVResearch Report) and Boeing (BAResearch Report).

Southwest Airlines (LUV)

In a report released today, Sheila Kahyaoglu from Jefferies upgraded Southwest Airlines to Hold, with a price target of $28.00. The company’s shares closed last Tuesday at $28.76.

According to TipRanks.com, Kahyaoglu is a 5-star analyst with an average return of 8.7% and a 62.7% success rate. Kahyaoglu covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, L3Harris Technologies, and Spirit AeroSystems.

Southwest Airlines has an analyst consensus of Hold, with a price target consensus of $32.00, implying a 4.1% upside from current levels. In a report released yesterday, Evercore ISI also maintained a Hold rating on the stock with a $35.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Boeing (BA)

Wolfe Research analyst Myles Walton maintained a Buy rating on Boeing yesterday and set a price target of $260.00. The company’s shares closed last Tuesday at $184.24, close to its 52-week low of $176.25.

According to TipRanks.com, Walton is a 5-star analyst with an average return of 11.3% and a 62.2% success rate. Walton covers the Industrial Goods sector, focusing on stocks such as Virgin Galactic Holdings, Raytheon Technologies, and General Electric.

Currently, the analyst consensus on Boeing is a Moderate Buy with an average price target of $261.21, implying a 38.8% upside from current levels. In a report issued on March 4, Bernstein also maintained a Buy rating on the stock with a $272.00 price target.

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