Citigroup Reiterates Neutral on American Airlines Group, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Stephen Trent reiterated a Neutral rating on American Airlines Group (NASDAQ:AAL) and raised the price target from $15.5 to $17.

June 05, 2023 | 3:36 pm
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Citigroup analyst Stephen Trent reiterated a Neutral rating on American Airlines Group and raised the price target from $15.5 to $17.
The news of Citigroup reiterating a Neutral rating on American Airlines Group and raising the price target from $15.5 to $17 indicates that the analyst sees potential for the stock price to increase. However, the Neutral rating suggests that the analyst does not expect significant outperformance or underperformance in the short term. This news is relevant and important for investors in AAL, but the impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100