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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Southwest Airlines reported strong Q2 results with earnings per share of $0.94, significantly beating analyst estimates of $0.52 and up from $0.43 a year ago. The company achieved record operating revenues of $8.43 billion during the quarter. Following these results, BMO Capital raised its price target for the stock to $60.00 while reiterating an Outperform rating.