American Airlines price target raised to $55 from $46 at Imperial Capital Imperial Capital raised its price target for American Airlines shares to $55 saying structural changes to legacy AMR operations should drive further earnings upside. The firm keeps an Outperform rating on the stock.
U.S. Airlines selloff overdone, says UBS UBS views the selloff in U.S. Airlines as a buying opportunity and raised estimates across the board. The firm said the fuel benefit will more than offset the FX impact and notes recent travel agency bookings indicate a better-than-average October/November revenue outlook while Q4 competitive growth should decelerate.
American Airlines volatility elevated as shares trend lower American Airlines October weekly call option implied volatility is at 43, October and January is at 42; compared to its 26-week average of 39 according to Track Data, suggesting non-directional price movement.
Stocks with call strike movement; AAL YHOO American Airlines (AAL) February 40 call option implied volatility decreased 4% to 35, Yahoo (YHOO) February 47 call option implied volatility decreased 4% to 34 according to IVolatility.