Wolfe Research Upgrades American Airlines Group to Outperform, Announces $17 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Scott Group has upgraded American Airlines Group (NASDAQ:AAL) from Peer Perform to Outperform and set a price target of $17. This upgrade suggests a positive outlook for AAL's stock performance.
January 22, 2024 | 11:39 am
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American Airlines Group's stock rating has been upgraded by Wolfe Research from Peer Perform to Outperform with a new price target of $17, indicating a bullish stance on the stock.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest improved performance or undervaluation. The new price target of $17 by Wolfe Research represents a potential upside from the current trading price, which may attract investors and drive up the stock price in the short term.
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