Southwest slips despite ‘buy’ rating; GOL, LAN Airlines, TAM down with market

Southwest Airlines (-1.1%) slipped on Friday (22-Oct-2010) despite Hudson Securities analyst Daniel McKenzie maintaining a "buy" rating and USD17 price target for the carrier during trading. The comments came after Southwest reported a net profit of USD205 million or USD0.27 per share for 3Q2010, compared with a loss of USD16 million or USD0.02 per share in the previous corresponding period.

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