Market Overview

UPDATE: Morgan Stanley Reiterates on American Airlines Group on Tremendous Untapped Opportunity

Share:
Related
Thursday's Calls Of Note: Wall Street Research On Airlines, Steel, Semis & More
JP Morgan Calls US Airline Q2 Earnings 'A Mixed Bag,' Upgrades Southwest To Overweight
U.S. airline profit at record level (Seeking Alpha)

In a report published Monday, Morgan Stanley analyst John D. Godyn reiterated an Overweight rating on American Airlines Group (NASDAQ: AAL), and raised the price target from $43.00 to $45.00.

In the report, Morgan Stanley noted, “The tailwind of the cycle alone could support multiple points of margin expansion at AAL in itself. But – even above and beyond the cycle – we see tremendous untapped opportunity in AAL's network that is likely to amplify the stock's leverage to our long-standing, bullish cycle call. Integration is a risk, but is outweighed by the opportunities we see at AAL.”

American Airlines Group closed on Friday at $36.11.

Latest Ratings for AAL

DateFirmActionFromTo
Jul 2015BarclaysMaintainsOverweight
Jun 2015Morgan StanleyAssumesEqual-weight
Jun 2015BarclaysMaintainsOverweight

View More Analyst Ratings for AAL
View the Latest Analyst Ratings

Posted-In: John D. Godyn Morgan StanleyAnalyst Color Price Target Analyst Ratings

 

Related Articles (AAL)

Get Benzinga's Newsletters