American Airlines (AAL) Tops Q2 EPS by 5c

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JPMorgan Upgrades American Airlines (AAL) to Overweight

August 1, 2017 5:23 AM EDT

JPMorgan upgraded American Airlines (NASDAQ: AAL) from Neutral to Overweight with a price target of $61.00 (from $52.00).

Analyst Jamie Baker believes the company has become more efficient with labor and does not expect layoffs anytime soon. He expects management to take a more aggressive... More