Imperial Capital’s Michael Derchin has an update on American Airlines (AAL) Friday, writing that he’s still on the sidelines following the company’s investor update last week.
He reiterated a Market Weight rating and $46 price target on American Airlines today, writing that he expects the company’s revenue per available seat mile too peak in the first half of the year, while labor costs continue to be a long-term issue.
April 21, 2017 at 07:23PM
from Teresa Rivas
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