Form SC 13G/A American Airlines Group Filed by: BlackRock, Inc.

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Deutsche Bank Reiterates Buy Rating on American Airlines (AAL)

October 24, 2024 2:04 PM EDT

Deutsche Bank analyst Michael Linenberg reiterated a Buy rating and $14.00 price target on American Airlines (NASDAQ: AAL).

The analyst comments "American reported Sep Q adjusted pretax income of $271 million (a 2.0% pretax margin) which compared favorably to our $89 million (0.7% pretax margin) forecast. This result translated to an adjusted EPS of $0.30 which beat our $0.10 EPS forecast and Bloomberg... More