BofA Raises PT on American Airlines (AAL) – Here’s Why

American Airlines Group Inc. (NASDAQ:AAL) is one of the top trending US stocks to buy now. BofA lifted the price target on American Airlines Group Inc. (NASDAQ:AAL) to $16 from $14 on June 22 and maintained a Neutral rating on the shares. The firm cited slightly higher multiples for the airlines as fiscal Q2 earnings approach, given strong demand and market performance.

For reference, in its financial results for fiscal Q1 2026, American Airlines Group Inc. (NASDAQ:AAL) reported record fiscal Q1 revenues of $13.9 billion. GAAP net loss for the quarter came up to $382 million, or ($0.58) per diluted share, and excluding net special items, fiscal Q1 net loss was $267 million, or ($0.40) per diluted share. The company ended the quarter with total debt of $34.7 billion, which is its lowest total debt level since mid-2015.

American Airlines Group Inc. (NASDAQ:AAL) expects fiscal Q2 adjusted EPS to be between ($0.20) and $0.20. It added that based on the current revenue outlook and the forward fuel curve, the midpoint of the full-year guidance is anticipated to be approximately flat to 2025 despite a greater than $4 billion increase in expense related to higher prices for jet fuel.

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Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/bofa-raises-pt-american-airlines-192206420.html)