American Airlines Shares Are Trading Higher After Barclays Upgraded the Stock From Underweight to Equal-Weight and Raised Its Price Target From $10 to $16.
U.S. stock market anomaly | Aviation/airlines industry rose in early trading, Barclays raised the target price of multiple aviation/airlines industry stocks.
Economic Observer November 14th | JetBlue Airways rose more than 5%, American Airlines rose more than 4%, Alaska Air rose more than 3%, Delta Air Lines and United Airlines rose more than 2%. On the news front, Barclays upgraded American Airlines from 'shareholding' to 'neutral', and raised the target price from $10 to $16; raised Delta Air Lines' target price from $60 to $90, raised United Airlines' target price from $75 to $150, and raised Alaska Air's target price from $55 to $80. (Economic Observer)
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Major bank rating | Barclays: Upgrades the rating of american airlines to "neutral" and raises the target prices of delta air lines and united airlines.
On November 14, Gelonghui reported that Barclays upgraded american airlines' rating from "shareholding" to "neutral," raising the target price from $10 to $16 due to the weakened leverage on the balance sheet, the potential for increased business travel share, and the airline's plans to renegotiate its co-branded card agreement in 2025. The bank also raised delta air lines' target price from $60 to $90 and united airlines' target price from $75 to $150, believing that these two airlines will benefit from differentiated business models that focus on travel products ranging from basic to premium offerings and favorable national conditions.
American Airlines Gr Analyst Ratings
Express News | American Airlines : Barclays Raises to Equal Weight From Underweight