Jefferies Upgrades American Airlines Group to Buy, Announces $18 Price Target
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Sheila Kahyaoglu has upgraded American Airlines Group (AAL) from Hold to Buy and set a price target of $18.

January 11, 2024 | 12:00 pm
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American Airlines Group's stock has been upgraded by Jefferies from Hold to Buy with a new price target of $18.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest improved future performance or undervaluation. The new price target of $18 indicates a potential upside from the current trading price, which can attract investors and drive up the stock price.
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