Downgrades Neutral Underweight X

LUV Southwest Air

JP Morgan

$25

Upgrades Hold Buy X

LUV Southwest Air

Argus

$35

Downgrades Neutral Underperform X

LUV Southwest Air

BofA Securities

$31

Downgrades Neutral Sell X

LUV Southwest Air

Citigroup

$31.50 $29.50

Resumed Overweight X

LUV Southwest Air

Morgan Stanley

$42

Reiterated Hold X

LUV Southwest Air

TD Cowen

$25 $28

Resumed Sell X

LUV Southwest Air

UBS

$27

Resumed Sell X

LUV Southwest Air

Goldman

$28

Resumed Neutral X

LUV Southwest Air

BofA Securities

$33

Upgrades Underperform Hold X

LUV Southwest Air

Jefferies

$24 $32

Reiterated Hold X

LUV Southwest Air

TD Cowen

$19 $25

Upgrades In-line Outperform X

LUV Southwest Air

Evercore ISI

$30 $35

Reiterated Hold X

LUV Southwest Air

TD Cowen

$26 $19

Reiterated Sell X

LUV Southwest Air

Melius

$26

Downgrades Buy Hold X

LUV Southwest Air

Argus

Downgrades Hold Underperform X

LUV Southwest Air

Jefferies

$28 $20

Reiterated Hold X

LUV Southwest Air

TD Cowen

$26 $25

Upgrades Underperform Hold X

LUV Southwest Air

Jefferies

$20 $28

Upgrades Hold Buy X

LUV Southwest Air

Argus

$40

Upgrades Underperform Mkt Perform X

LUV Southwest Air

Bernstein

Upgrades Hold Buy X

LUV Southwest Air

Deutsche Bank

$28 $42

Reiterated Market Perform X

LUV Southwest Air

TD Cowen

$20 $26

Downgrades Mkt Perform Underperform X

LUV Southwest Air

Bernstein

$24

Downgrades Outperform In-line X

LUV Southwest Air

Evercore ISI

$35

Downgrades Neutral Underweight X

LUV Southwest Air

Melius

Downgrades Neutral Underperform X

LUV Southwest Air

Exane BNP Paribas

$20

Downgrades Outperform Mkt Perform X

LUV Southwest Air

TD Cowen

$26 $20

Downgrades Outperform Neutral X

LUV Southwest Air

Exane BNP Paribas

$34

Downgrades Neutral Sell X

LUV Southwest Air

Redburn

$27

Downgrades Hold Underperform X

LUV Southwest Air

Jefferies

$25

Downgrades Outperform Mkt Perform X

LUV Southwest Air

Bernstein

Downgrades Buy Hold X

LUV Southwest Air

Deutsche Bank

$52 $38

Downgrades Strong Buy Outperform X

LUV Southwest Air

Raymond James

$47 $40

Downgrades Buy Neutral X

LUV Southwest Air

BofA Securities

$45 $35

Downgrades Overweight Neutral X

LUV Southwest Air

JP Morgan

$64 $39

Downgrades Overweight Eq Weight X

LUV Southwest Air

Barclays

$42 $38

Downgrades Overweight Neutral X

LUV Southwest Air

Melius

$39

Downgrades Buy Neutral X

LUV Southwest Air

Redburn

$40

Downgrades Positive Neutral X

LUV Southwest Air

Susquehanna

$40

Resumed Neutral X

LUV Southwest Air

Goldman

$41

Downgrades Buy Hold X

LUV Southwest Air

Argus

Upgrades Neutral Positive X

LUV Southwest Air

Susquehanna

$45

Upgrades Outperform Strong Buy X

LUV Southwest Air

Raymond James

$57 $55

Downgrades Outperform Peer Perform X

LUV Southwest Air

Wolfe Research

Downgrades Buy Neutral X

LUV Southwest Air

MKM Partners

$45

Reiterated Overweight X

LUV Southwest Air

Barclays

$75 $65

Downgrades Neutral Sell X

LUV Southwest Air

Goldman

$59 $36

Downgrades Buy Hold X

LUV Southwest Air

Jefferies

$60 $45

Upgrades Peer Perform Outperform X

LUV Southwest Air

Wolfe Research

Downgrades Buy Neutral X

LUV Southwest Air

Goldman

$63 $59

Downgrades Outperform In-line X

LUV Southwest Air

Evercore ISI

$55 $48

Upgrades Eq Weight Overweight X

LUV Southwest Air

Barclays

$64 $75

Upgrades Neutral Overweight X

LUV Southwest Air

JP Morgan

$70

Initiated Buy X

LUV Southwest Air

MKM Partners

$74

Upgrades Underweight Neutral X

LUV Southwest Air

JP Morgan

$44 $66

Upgrades Hold Buy X

LUV Southwest Air

Argus

$68

Upgrades Hold Buy X

LUV Southwest Air

Deutsche Bank

$64

Upgrades Peer Perform Outperform X

LUV Southwest Air

Wolfe Research

$57

Downgrades Buy Hold X

LUV Southwest Air

Argus

Reiterated Market Perform X

LUV Southwest Air

Cowen

$55 $57

Downgrades Outperform In-line X

LUV Southwest Air

Evercore ISI

Reiterated In-line X

LUV Southwest Air

Imperial Capital

$52 $55

Downgrades Outperform Mkt Perform X

LUV Southwest Air

Raymond James

Reiterated In-line X

LUV Southwest Air

Imperial Capital

$55 $52

Reiterated Market Perform X

LUV Southwest Air

Cowen

$58 $55

Reiterated In-line X

LUV Southwest Air

Imperial Capital

$58 $55

Downgrades Outperform Peer Perform X

LUV Southwest Air

Wolfe Research

Downgrades Outperform Neutral X

LUV Southwest Air

Macquarie

Reiterated In-line X

LUV Southwest Air

Imperial Capital

$60 $58

Downgrades Neutral Sell X

LUV Southwest Air

Goldman

$66 $54

Reiterated Market Perform X

LUV Southwest Air

Cowen

$54 $58

Reiterated In-line X

LUV Southwest Air

Imperial Capital

$52 $60

Reiterated In-line X

LUV Southwest Air

Imperial Capital

$57 $52

Reiterated In-line X

LUV Southwest Air

Imperial Capital

$62 $57

Reiterated In-line X

LUV Southwest Air

Imperial Capital

$56 $62

Initiated Neutral X

LUV Southwest Air

Susquehanna

$56

Initiated Neutral X

LUV Southwest Air

Credit Suisse

$54

Initiated Neutral X

LUV Southwest Air

Goldman

$61

Downgrades Neutral Underweight X

LUV Southwest Air

JP Morgan

Reiterated In-line X

LUV Southwest Air

Imperial Capital

$66 $56

Reiterated Outperform X

LUV Southwest Air

Imperial Capital

$60 $66

Downgrades Outperform Peer Perform X

LUV Southwest Air

Wolfe Research

Reiterated In-line X

LUV Southwest Air

Imperial Capital

$54 $60

Reiterated Outperform X

LUV Southwest Air

Cowen

$63 $66

Downgrades Buy Hold X

LUV Southwest Air

Argus

Reiterated Outperform X

LUV Southwest Air

Cowen

$65 $63

Downgrades Outperform In-line X

LUV Southwest Air

Imperial Capital

$68 $54

Initiated Buy X

LUV Southwest Air

Tigress Financial

Reiterated Outperform X

LUV Southwest Air

Cowen

$67 $65

Reiterated Outperform X

LUV Southwest Air

Imperial Capital

$75 $68

Upgrades Neutral Buy X

LUV Southwest Air

Buckingham Research

Downgrades Overweight Neutral X

LUV Southwest Air

JP Morgan

LUV  Southwest Airlines Company

Southwest Airlines Co. (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company provides point-to-point service. The Company offers ancillary service offerings, such as Southwest's EarlyBird Check-In and transportation of pets and unaccompanied minors, in accordance with Southwest's respective policies. Southwest's Rapid Rewards frequent flyer program enables program members (Members) to earn points for every dollar spent on Southwest fares. Its Internet Website, Southwest.com, is an avenue for Southwest customers to purchase and manage travel online. As of December 31, 2016, Southwest operated a total of 723 Boeing 737 aircraft and served 101 destinations in 40 states, the District of Columbia, the Commonwealth of Puerto Rico, and eight near-international countries: Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, Costa Rica, Belize, and Cuba.