Citigroup Maintains Neutral Rating for American Airlines Group: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Citigroup has maintained its Neutral rating for American Airlines Group (NASDAQ:AAL) but lowered its price target from $16.60 to $15.25. American Airlines shares are currently trading down 1.43% at $13.12 per share. A move to $15.25 would represent a 16.23% increase from the current share price.

September 18, 2023 | 5:00 pm
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Citigroup's lowered price target for American Airlines may put downward pressure on the stock in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, Citigroup's decision to lower its price target for American Airlines, despite maintaining a Neutral rating, could be interpreted by the market as a lack of confidence in the company's near-term prospects, potentially leading to a downward pressure on the stock.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100