American Airlines forecasts 2024 profit largely above estimates

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Citi Upgrades American Airlines (AAL) to Buy

January 29, 2024 4:18 AM EST

Citi analyst Stephen Trent upgraded American Airlines (NASDAQ: AAL) from Neutral to Buy with a price target of $20.00 (from $14.00).

The analyst comments "North Americas network carriers diversified revenue streams and solid demand for premium cabin offerings appear to provide them with superior positioning in... More