Morgan Stanley Maintains Overweight on American Airlines Gr, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker maintains an Overweight rating on American Airlines Group (NASDAQ:AAL) but lowers the price target from $20 to $18.
June 03, 2024 | 1:02 pm
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Morgan Stanley analyst Ravi Shanker maintains an Overweight rating on American Airlines Group but lowers the price target from $20 to $18.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100