JPMorgan analyst Jamie Baker raised the firm’s price target on American Airlines (AAL) to $20 from $17 and keeps an Overweight rating on the shares. The firm introduced 2027 estimates and established year-end 2026 price targets for the U.S. airlines. JPMorgan’s estimates for both 2026 and 2027 are above consensus. It believes industry profits “continue to accrue in the hands of the few” while the path back to profitability “for the impaired” will remain challenged.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAL:
- American Airlines seeing ‘really strong’ demand for future bookings
- American Air Chief Strategy Officer ‘very comfortable’ with Q3 revenue guidance
- Mixed options sentiment in American Airlines with shares up 0.55%
- Moderately bullish activity in American Airlines with shares up 0.27%
- Why Palantir Stock Looks like the Silent Winner of Oracle’s Q1 Earnings