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American Airlines Stock Rebounds | Durham News
Morgan Stanley just raised its price target for American Airlines to $24 a share, up from $20, and maintains an “Overweight” rating — a bullish sign that the market is finally starting to catch up to the airline’s behind-the-scenes progress. Despite recent struggles fueled by soaring jet fuel costs and a stock that’s lagged the market, American Airlines is making strategic moves: restoring capacity at Chicago O’Hare, investing in key hubs like Phoenix and Philly, and boosting premium offerings to stand out. While financials show strong cash flow and revenue growth in Q1, the airline still…
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