US Stock Market Move | Barclays raises target prices for multiple airline stocks, and airline stocks rise against the market trend.
14/11/2024
GMT Eight
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.