JP Morgan Maintains Overweight on American Airlines Gr, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jamie Baker has maintained an Overweight rating on American Airlines Group (NASDAQ:AAL) and raised the price target from $15 to $20.
October 25, 2024 | 3:15 pm
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JP Morgan has increased its price target for American Airlines Group from $15 to $20, maintaining an Overweight rating. This suggests a positive outlook for the stock.
The increase in price target from $15 to $20 by JP Morgan, along with maintaining an Overweight rating, indicates a positive sentiment towards American Airlines' stock. This is likely to boost investor confidence and could lead to a short-term increase in stock price.
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