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American Airlines Group Inc. (NASDAQ: AAL) shares are trading lower after Goldman Sachs downgraded the stock from Neutral to Sell and lowered its price target from $19 to $18. Goldman Sachs analyst Catherine O’Brien noted “We remain positive on the path to profitability recovery for the airlines over the medium-term, but we are reducing our Dec Q 2021/2022 outlooks due to higher fuel/worse short-term revenue trends.
...read full article on Benzinga
