Citi Remains a Buy on American Airlines (AAL)
In a report released today, John Godyn from Citi maintained a Buy rating on American Airlines, with a price target of $14.00.
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Godyn covers the Industrials sector, focusing on stocks such as Allegiant Travel Company, Delta Air Lines, and JetBlue Airways. According to TipRanks, Godyn has an average return of -3.0% and a 37.97% success rate on recommended stocks.
In addition to Citi, American Airlines also received a Buy from TD Cowen’s Thomas Fitzgerald CFA in a report issued on March 18. However, on the same day, Wells Fargo assigned a Hold rating to American Airlines (NASDAQ: AAL).
Based on American Airlines’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $14 billion and a net profit of $99 million. In comparison, last year the company earned a revenue of $13.66 billion and had a net profit of $590 million
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