The stocks of the airlines exploded on Tuesday. Here are the Wall Street favorites

You may have been surprised that Warren Buffett decided to sell Berkshire Hathaway
BRK.B,
+ 3.09%
Equity holdings of airlines after they have already crashed as a result of the coronavirus crisis and the obvious need to reduce air travel. At the Berkshire annual meeting on May 2, Buffett said he was “wrong on this matter” and that the reaction to COVID-19 had changed the industry “in a major way”.

But even a struggling industry can see its shares drop too low in economic chaos.

Michael Brush wrote on Tuesday that Buffett had made a mistake in selling the shares of his airline, in part because airline executives are confident enough in the industry’s recovery prospects that they bought shares in their own companies. Most airline stocks have risen significantly since March 23, when the S&P 500 Index
SPX
+ 1.96%

It reached its lowest point of the year, before the start of a rebound in the benchmark index. However, they are still far away by 2020.

UBS analyst Myles Walton improved Southwest Airlines
LUV
+ 12.21%
to a “buy” note from a neutral note, and raised its target price for the action to $ 41 from $ 37 in light of “a clearer path for the resumption of domestic travel”. In a note to customers, Walton wrote that “unlike many other airlines, LUV’s balance sheet position is remarkably clean (almost net cash balance), providing protection against any downturn in demand in another wave. of COVID-19. “

Take a look at the action on Tuesday morning for the nine airline stocks that are listed in the S&P 1500 Composite Index (which is itself composed of the S&P 500 Index, the S&P 400 Mid Cap Index).
MEDIUM, MEDIUM,
+ 3.96%
and the S&P Small Cap 600 index
SML
+ 4.49%
)

Here they are, sorted by how much they were up at 1:00 p.m. ET Tuesday:

Company	Heart	Price change – May 26	Price change from March 23	Price change – February 19 – March 23	Price change – 2020
United Airlines Holdings Inc.	UAL + 15.61%	14.4%	10.6%	-66.9%	-67.0%
American Airlines Group Inc.	AAL + 15.61%	13.9%	7.8%	-63.8%	-61.5%
JetBlue Airways Corp.	JBLU + 14.01%	12.3%	51.2%	-67.0%	-44.6%
Hawaiian Holdings Inc.	SAY AH, + 12.27%	11.7%	70.4%	-67.2%	-49.0%
Southwest Airlines Co.	LUV + 12.21%	11.5%	-4.6%	-40.9%	-40.4%
Alaska Air Group Inc.	ALK + 11.80%	10.8%	43.0%	-63.1%	-49.3%
Delta Air Lines Inc.	DAL + 11.59%	10.7%	13.0%	-62.0%	-57.1%
Allegiant Travel Co.	ALGT + 10.75%	9.6%	33.7%	-56.5%	-44.9%
SkyWest Inc.	SKYW + 8.41%	7.4%	45.3%	-63.3%	-53.2%
Source: FactSet

You can click on the tickers to get more information on each airline.

You will have to scroll down to see all the data.

Leaving the group in the same order, here is a summary of the opinion of the sales analysts interviewed by FactSet, which includes price targets and an implicit rise based on prices from 1:00 a.m. ET Tuesday:

Company	Heart	Share “Buy” Reviews	Share neutral reviews	Rating of “sell” actions	Share price – 1:00 p.m. ET, May 26	Target consensus price	Implied upside potential over 12 months
United Airlines Holdings Inc.	UAL + 15.61%	53%	47%	0%	$ 29.05	$ 36.87	27%
American Airlines Group Inc.	AAL + 15.61%	twenty one%	37%	42%	$ 11.05	$ 10.87	-2%
JetBlue Airways Corp.	JBLU + 14.01%	twenty%	67%	13%	$ 10.38	$ 10.62	2%
Hawaiian Holdings Inc.	SAY AH, + 12.27%	22%	56%	22%	$ 14.94	$ 13.00	-13%
Southwest Airlines Co.	LUV + 12.21%	53%	42%	5%	$ 32.19	$ 39.00	twenty one%
Alaska Air Group Inc.	ALK + 11.80%	57%	43%	0%	$ 34.37	$ 39.69	fifteen%
Delta Air Lines Inc.	DAL + 11.59%	63%	37%	0%	$ 25.12	$ 34.81	39%
Allegiant Travel Co.	ALGT + 10.75%	70%	twenty%	ten%	$ 95.89	$ 100.67	5%
SkyWest Inc.	SKYW + 8.41%	100%	0%	0%	$ 30.27	$ 43.14	43%
Source: FactSet