The Vetr crowd upgraded their rating for American Airlines Group Inc (NASDAQ: AAL) on Thursday, from 4 stars (Buy), which was issued six days ago, to 5 stars (strong Buy). Despite this upgrade, crowd sentiment for the stock is mostly cautious with 70 percent of Vetr user ratings bearish.
Vetr's upgrade comes a week after the airline company won a $15 million antitrust lawsuit against computer technology company Sabre Corp (NASDAQ: SABR) over unfair booking practices.
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American Airlines is also beginning to level out of the bump it received after Warren Buffett's fund picked it and several other airline companies. The stock closed at $47.67, after dropping over a dollar from the start of the day.
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Currently, the Vetr crowd's average target price for the stock is up at $58.50, well above the average analyst target price of $45.53. Less than 2 percent of Vetr users are holding AAL in their watch lists.
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