Shares in U.S. carriers slip after American Airlines cuts second-quarter outlook

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Go back to Shares in U.S. carriers slip after American Airlines cuts second-quarter outlook

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