Jefferies Downgrades American Airlines Gr to Hold, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Sheila Kahyaoglu has downgraded American Airlines Group (NASDAQ:AAL) from Buy to Hold and lowered the price target from $17 to $12.
May 29, 2024 | 10:33 am
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Jefferies analyst Sheila Kahyaoglu downgraded American Airlines Group from Buy to Hold and reduced the price target from $17 to $12.
The downgrade from Buy to Hold and the significant reduction in the price target from $17 to $12 by a reputable analyst is likely to negatively impact investor sentiment and the stock price of American Airlines Group in the short term.
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