JP Morgan Downgrades AMR to Neutral, Sets PT at $8

JP Morgan downgraded its rating on AMR AMR from Overweight to Neutral. At the same time, the rating agency set up its price target on the company's stock to $8. On Tuesday, AMR lost 6.55% of its value to end the day at $3.85.
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Posted In: DowngradesPrice TargetAnalyst RatingsAirlinesIndustrialsJP Morgan
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