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BUZZ-American Airlines rises after report brokerage lifts rating

ReutersFeb 26, 2025 11:59 AM

American Airlines Group's shares AAL.O rise 2.1% to $15.45 premarket

Brokerage Redburn-Atlantic upgrades rating to "buy" from "neutral", Investing.com reports

Lifts PT to $24 from $18; new PT represents a 58.6% upside to the stock's last close

Upgrade reflects Redburn-Atlantic's outlook on AAL's potential financial improvements, driven in part by airline's recent credit card agreement with Citi

4 brokerages rate the stock "strong buy", 9 "buy" and 10 "hold"; their median PT is $20 - LSEG compiled data

In 2024, stock had risen ~27%

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