American Airlines (AAL, Financial) saw its stock rise by 3.24% recently. This increase followed upgrades from three Wall Street investment banks, Jefferies, TD Cowen, and Melius Research, which raised their ratings for AAL from “hold” to “buy.” The upgrades are attributed to improvements in domestic and corporate travel demand, as well as a renewed exclusive credit card deal with Citibank.
Melius Research analyst Conor Cunningham noted that the renewed Citibank agreement is expected to…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
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