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Kauffman also increased his forecast of 2012 earnings to 97 cents per shares from 83 cents per share and raised his outlook for 2013 too. Maxim Group analyst Ray Neidl raised his forecast of 2012 earnings to 81 cents per share from 68 cents per share, citing lower fuel costs. He kept a "Hold" rating on the stock. Neidl said Southwest remained concerned about consumer resistance to higher fares, "and we believe that this could make the airline hesitant to put through further increases, which would be a negative for the industry." SHARE ACTION: In midday trading, shares of Southwest Airlines Co. rose 4.7 percent, or 43 cents, to $9.67. Other airline stocks were mixed. For Southwest shares, the 52-week high of $11.07 was hit a year ago, and they sunk to a low of $7.15 in October.
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