Bank of America Downgrades American Airlines Group To Neutral

Analysts at Bank of America downgraded American Airlines Group Inc AAL from Buy to Neutral. The price target for American Airlines Group has been lowered from $64.00 to $50.00. American Airlines Group shares have gained 2.24 percent over the past 52 weeks, while the S&P 500 index has surged 9.43 percent in the same period. American Airlines Group shares fell 0.97 percent to $43.35 in pre-market trading.