American Airlines cuts annual profit forecast as sales strategy backfires

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American Airlines (AAL) PT Lowered to $10 at Evercore ISI

July 26, 2024 4:36 AM EDT

Evercore ISI analyst Duane Pfennigwerth lowered the price target on American Airlines (NASDAQ: AAL) to $10.00 (from $13.00) while maintaining a In Line rating.

The analyst comments "Summary: Over the last 90 days Americans EPS guidance midpoint for 2024 moderated from $2.75 to $1.00 and its free... More