BofA raised the firm’s price target on American Airlines (AAL) to $12 from $10 and keeps a Neutral rating on the shares. The message from airlines in 2Q25 has been one of stability, and BofA expects Q2 results to be largely in-line with outlooks, the analyst tells investors in a research note. BofA is not expecting a meaningful sequential improvement in revenues, and thinks investors will look for commentary on green shoots in demand, and any further commentary on 2H25 capacity cuts could be viewed positively.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAL:
- American Air’s appeal of ruling barring JetBlue alliance rejected, Reuters says
- American Air tells Bloomberg technology issue causing flight delays
- AAL, LUV, DAL: Canada Considers Opening Skies to Foreign Airlines
- Notable open interest changes for June 18th
- American Airlines price target lowered to $14 from $15 at Bernstein