JPMorgan analyst Jamie Baker lowered the firm’s price target on American Airlines (AAL) to $26 from $30 and keeps an Overweight rating on the shares. The firm marked its airline models for fuel and softened its American Q1 revenue forecast.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAL:
- American Airlines (AAL) Trials Free Inflight WiFi to Lure Travelers
- American Airlines: Hold Rating Amid Demand Uncertainty and Supply Constraints
- Amazon introduces Alexa+, GM announces $6B stock buyback: Morning Buzz
- Home Depot upgraded, Flywire downgraded: Wall Street’s top analyst calls
- American Airlines upgraded to Buy from Neutral at Redburn Atlantic