American Airlines (AAL) Sees Price Target Raised by TD Cowen | AAL Stock News

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3 days ago
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TD Cowen analyst Tom Fitzgerald has increased the price target for American Airlines (AAL, Financial) from $12 to $13. This revision follows the company's better-than-expected performance in the first quarter, along with guidance for the second quarter that instilled further confidence in the stock.

The firm maintains a Buy rating on American Airlines shares, reflecting an optimistic outlook based on its latest financial results and future projections. The analyst's decision to update the price target demonstrates a stronger belief in the airline's ability to capitalize on its current trajectory.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 19 analysts, the average target price for American Airlines Group Inc (AAL, Financial) is $14.50 with a high estimate of $24.00 and a low estimate of $8.00. The average target implies an upside of 50.91% from the current price of $9.61. More detailed estimate data can be found on the American Airlines Group Inc (AAL) Forecast page.

Based on the consensus recommendation from 23 brokerage firms, American Airlines Group Inc's (AAL, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for American Airlines Group Inc (AAL, Financial) in one year is $12.37, suggesting a upside of 28.72% from the current price of $9.61. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the American Airlines Group Inc (AAL) Summary page.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.