Citi analyst John Godyn initiated coverage of American Airlines (AAL) with a Buy rating and $19 price target The firm believes the setup is positive for the airlines with an “elongated mid-cycle” beginning in 2026. Citi sees the largest beneficiaries as being the “supermajors.” The large airlines offer the most favorable risk/reward, the analyst tells investors in a research note. On the other side, Citi believes the legacy low-cost carriers will be underperformers through the cycle.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAL:
- Airbus (EADSY) Trims Delivery Target as Rival Boeing Jumps 10% on Projections
- FAA probing airlines’ flight reductions during government shutdown, WSJ reports
- AAL, UAL, DAL: Airline Stocks Steady as Record Travel Defies Airbus Recall
- American Airlines (AAL) Avoids Travel Chaos as Airbus Fix Wraps Up
- DOT’s Sean Duffy provides update on Airbus software update