Southwest Airlines Traffic Up in February (LUV)

Southwest Airlines (NYSE:LUV) announced that its February that traffic rose 3.9 year-over-year after two straight months of declines.The airline’s capacity increased 6.2% while number of trips were up 4.5%.On Tuesday, shares of Southwest closed at $8.60.Southwest Airlines (NYSE:LUV) has potential upside of 41.5% based on a current price of $8.6 and an average consensus analyst price target of $12.17.Southwest Airlines is currently below its 50-day moving average (MA) of $9.10 and below its 200-day MA of $9.21.In the last five trading sessions, the 50-day MA has climbed 0.26% while the 200-day MA has slid 0.57%.

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