Wall Street Zen downgraded American Airlines Group (NASDAQ: AAL) from a buy to a hold rating on Saturday. This move adds to a mixed sentiment among market analysts, though some firms recently raised their price targets.
The company's stock recently fell 4.0%. Shares currently trade near $14.98. The consensus rating for the airline is a hold. Analysts set an average price target of $19.37.
American Airlines reported a smaller-than-expected loss per share in its latest earnings report. The company's revenue did not meet analyst expectations.