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Commodities

UBS Boosts American Airlines as Crude Oil Prices Dip

Guavy AI Editorial Team
Instruments
Oil
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American Airlines shares rose in pre-market trading due to analyst support and lower crude oil prices.

UBS reaffirmed its Buy rating with a $17.00 price target, while BMO Capital cut its target to $15.50 from $19.00 and kept a Market Perform rating.

Management has guided for 16%-19% revenue growth in the upcoming Q3 earnings report, which is helping sustain investor interest despite the stock trading below its $18.79 52-week high.

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