American Airlines (AAL) Stock: $17 Target From Barclays

The shares of American Airlines Group Inc (NASDAQ: AAL) have received a $17 price target from Barclays. And Barclays analyst Brandon Oglenski is maintaining an “Underweight” rating on the shares. Oglenski adjusted the rating while noting that American Airlines stands to benefit from a continued travel recovery this year. But the higher interest rates driving market concerns and its high financial leverage will likely limit the relative equity upside from current levels.

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