JP Morgan Upgrades American Airlines Group: Here's What You Need To Know

JP Morgan upgraded its rating of American Airlines Group AAL to Overweight with a price target of $29.00, changing its price target from $26.00 to $29.00.

Shares of American Airlines Group are trading up 4.32% over the last 24 hours, at $14.47 per share.

A move to $29.00 would account for a 100.42% increase from the current share price.

About American Airlines Group

American Airlines is the world's largest airline by scheduled revenue passenger miles. The firm's major U.S. hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. After completing a major fleet renewal, the company has the youngest fleet of U.S. legacy carriers.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.