American Airlines Sees Price Target Boost

BofA raises price target to $16 from $14 American Airlines Group Inc. reported record fiscal Q1 revenues of $13.9 billion. The company's GAAP net loss for the quarter was $382 million, or ($0.58) per diluted share. American Airlines ended the quarter with total d

BofA raises price target to $16 from $14

American Airlines Group Inc. reported record fiscal Q1 revenues of $13.9 billion.

The company’s GAAP net loss for the quarter was $382 million, or ($0.58) per diluted share.

American Airlines ended the quarter with total debt of $34.7 billion, its lowest since mid-2015.

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