BHP seeks extension to $49 billion Anglo American takeover talks deadline

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Jefferies Downgrades Anglo American PLC (AAL:LN) (NGLOY) to Hold

May 29, 2024 12:24 PM EDT

Jefferies analyst Christopher LaFemina downgraded Anglo American PLC (AAL:LN) (OTC: NGLOY) from Buy to Hold with a price target of GBP270.00 (from GBP320.00).

The analyst comments "BHP has been unsuccessful in its attempt to acquire Anglo American as structural problems relating to... More

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