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Bernstein SocGen downgrades American Airlines stock, cites competitive market

On Monday, Bernstein SocGen Group issued a revised stance on American Airlines Group Inc. (NASDAQ:AAL) stock, changing its rating from Outperform to Market Perform and adjusting the price target to $12.00 from the previous $18.00. The reassessment reflects concerns over the airline’s ability to keep up with its legacy competitors and capitalize on opportunities in… Read More »