US Stock Market Move | Barclays raises target prices for multiple airline stocks, and airline stocks rise against the market trend.
US airline stocks rise against the market, as of press time, American Airlines has risen more than 2.8%
On Thursday, U.S. airline stocks rose against the market trend. As of the time of writing, JetBlue Airways Corporation (JBLU.US) rose more than 4.8%, Alaska Air Group, Inc. (ALK.US) rose 3%, American Airlines Group Inc. (AAL.US) rose more than 2.8%, Delta Air Lines, Inc. (DAL.US) rose more than 1.8%, and United Airlines Holdings, Inc. (UAL.US) rose more than 1.9%. In terms of news, Barclays upgraded American Airlines Group Inc.'s rating from "underweight" to "neutral" with a target price raised from $10 to $16; raised Delta Air Lines, Inc.'s target price from $60 to $90, raised United Airlines' target price from $75 to $150, and raised Alaska Air Group, Inc.'s target price from $55 to $80.
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