American Airlines, Alaska Air Are in Solid Shape. Why One of the Stocks Caught a Downgrade.

Published 2 months ago Neutral
American Airlines, Alaska Air Are in Solid Shape. Why One of the Stocks Caught a Downgrade.
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Savanthi Syth of Raymond James upgraded Alaska Air Group to Outperform from Market Perform and introduced a $70 price target in a research note Monday. At the same time, Raymond James downgraded American Airlines Group to Market Perform from Outperform and reiterated a $14 price target. Alaska Air stock was up 1.7% to $60.49 in premarket trading, while American Airlines stock fell 1.4% to $13.36.

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