TD Cowen Downgrades American Airlines Gr to Hold, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Helane Becker has downgraded American Airlines Group (NASDAQ:AAL) from Buy to Hold and lowered the price target from $16 to $10.
July 17, 2024 | 9:32 am
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TD Cowen analyst Helane Becker downgraded American Airlines Group from Buy to Hold and reduced the price target from $16 to $10.
The downgrade from Buy to Hold and the significant reduction in the price target from $16 to $10 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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