Bernstein Downgrades American Airlines Gr to Market Perform, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst David Vernon has downgraded American Airlines Group (NASDAQ:AAL) from Outperform to Market Perform and lowered the price target from $18 to $12.
July 23, 2024 | 2:48 pm
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Bernstein analyst David Vernon downgraded American Airlines Group from Outperform to Market Perform and reduced the price target from $18 to $12.
The downgrade from Outperform to Market Perform and the significant reduction in the price target from $18 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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