Dec. 12 at 9:18 PM
$AAL $ALGT
UBS moved off the sidelines on American Airlines, upgrading the stock to buy from neutral, while Allegiant Travel was upgraded to buy from hold at Deutsche Bank.
UBS has a price target of
$20 on American Airlines, implying nearly 34% upside from Thursday’s close.
“We believe the market is not fully appreciating AAL’s opportunity to meaningfully expand profits over the next few years as its corporate revenues recover, its loyalty income expands, & it capitalizes on the structural tailwinds to network players,” analyst Atul Maheswari said in a note Thursday.
Meanwhile, Deutsche Bank sees 25% upside ahead for Allegiant with its
$105 price target.
“The company has jettisoned its loss-making resort, management are now 100% focused on running the airline, and various opportunities are likely to surface in the domestic market as the low fare carrier sector continues to evolve,” analyst Michael Linenberg said in a note Friday. https://www.cnbc.com/2025/12/11/stock-market-today-live-updates.html?__source=iosappshare%7Ccom.stocktwits.StockTwits.STShareExtension
