Brokerages lift PT on American Airlines; shares jump

Shares of American Airlines AAL.O jump 4% to about $16.30 after T.D. Cowen and Bernstein lift PT

Bernstein raises PT to $20 from $16, while T.D. Cowen lifts it to $19 from $16

This comes after AAL raised its 2025 profit forecast in Q3 following industry-wide capacity cuts as a demand slump earlier last year had begun to yield pricing gains

T.D. Cowen adds that AAL anticipates a full-year benefit of recaptured corporate traffic

Says its new co-branded credit card agreement with Citi is taking effect, and revenue tailwinds from deliveries of premium heavy aircraft

Bernstein says airlines are now set up for a much better 2026 after managing through a travel recession in 2025

Including session's moves, AAL down 7.7% in the last 12 months