On Friday, TD Cowen adjusted its outlook on shares of American Airlines (NASDAQ:), increasing the price target to $17 from the previous $10, while keeping a Hold rating on the stock.
The revision follows the airline’s updated guidance and the finalization of a 10-year credit card agreement with Citi, set to commence in 2026. According to InvestingPro data, the stock is currently trading near its 52-week high of $17.80, with a market capitalization of $11.4 billion.
According to the firm,…
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