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Fly News Breaks for July 27, 2016
LUV
Jul 27, 2016 | 05:29 EDT
JPMorgan analyst Jamie Baker downgraded Southwest Airlines to Neutral saying the company continues to resist industry efforts aimed at improving revenue, like bag fees and fare increases. The analyst also sees labor uncertainty in 2017 from all three unions. He cut his price target for the shares to $34 from $52.50.
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