American Airlines cuts Q2 EPS guidance; shares fall in afterhours

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Go back to American Airlines cuts Q2 EPS guidance; shares fall in afterhours

American Airlines (AAL) PT Lowered to $18 at Bernstein SocGen Group

May 29, 2024 6:00 AM EDT

Bernstein SocGen Group analyst David Vernon lowered the price target on American Airlines (NASDAQ: AAL) to $18.00 (from $22.00) while maintaining a Outperform rating.

The analyst comments "AALs significant 2Q guidance cut and announcement of CCO Vasu Rajas departure mark a disappointing start... More

Deutsche Bank Reiterates Buy Rating on American Airlines (AAL)

May 29, 2024 5:22 AM EDT

Deutsche Bank analyst Michael Linenberg reiterated a Buy rating and $17.00 price target on American Airlines (NASDAQ: AAL).

The analyst comments "American provided an updated outlook for the June quarter which now calls for a year-over-year unit revenue (i.e., TRASM) decline of 5% to 6% versus its prior... More

American Airlines (AAL) PT Lowered to $11 at BofA Securities

May 29, 2024 5:09 AM EDT

BofA Securities analyst Andrew Didora lowered the price target on American Airlines (NASDAQ: AAL) to $11.00 (from $12.00) while maintaining a Underperform rating.

The analyst comments "We wrote post-1Q24 earnings that AALs 2Q24 revenue outlook appeared aggressive to us (see report), and the... More