Rodman & Renshaw provided color on AMR AMR in a research report published today. Rodman & Renshaw has previously given AMR a Market Perform rating and $6 price target.
In the report, Rodman & Renshaw states, "We would not draw revenue conclusions to the rest of the group. AMR's is growing capacity throughout 2011 which generally adds pressure to unit revenue performance. Others carriers are cutting capacity post Labor Day and different network strategies yield different revenue results."
Shares of AMR were trading at $5.01 at the time of posting, up 1.62% from Tuesday's market close.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in