American Airlines profit margin forecast disappoints
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Imperial Capital Raises Price Target on American Airlines (AAL) Following 3Q EPS Beat
October 21, 2016 7:45 AM EDTImperial Capital reiterated an In-Line rating on American Airlines (NASDAQ: AAL), and raised the price target to $43.00 (from $40.00), following the company's 3Q earnings report. AAL reported EPS of $1.76, versus estimates of $1.65. The beat was driven by a better than anticipated RASM which declined 2.2% versus... More