American Airlines Gains as Jefferies Calls It Best Positioned in Recovery By Investing.com
By Christiana Sciaudone Investing.com -- American Airlines (NASDAQ:AAL) rallied 5% after Jefferies (NYSE:JEF) called it the best-positioned airline.Jefferies upgraded American Airlines to hold from underperform with a price target of $25 from $15. Analyst Sheila Kahyaoglu raised the 2023 profit estimate by 2% to $2.10 from $2.05, accounting for higher yields, with some offset from the increase in fuel prices. American Airlines got...
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