February 22, 2021
“Airline stocks rally, led by American Airlines, after Deutsche Bank’s sector-wide upgrade to buy” “Among the biggest premarket gainers, shares of American Airlines shot up 5.8%, JetBlue Airways Corp. rallied 2.1%, Delta Air Lines Inc. rose 1.6%, Southwest Airlines Co.… Continue Reading…
December 11, 2020
“Southwest Airlines Co. (LUV)… …From a technical standpoint, the share price broke out above a nine-month downtrend line that may see it retest its pre-pandemic high at $58.83. The airline has a market cap of $27.35 billion… Delta Air Lines,… Continue Reading…
October 8, 2020
“JPMorgan is cautious on the airline industry and reducing its forecasts on the basis of conservative demand. The Airline Analyst: Jamie Baker upgraded JetBlue Airways (NASDAQ: JBLU) from Underweight to Overweight with a $17 price target. Baker upgrades United Airlines (NASDAQ: UAL) from Neutral to Overweight and raised… Continue Reading…
September 16, 2020
“Southwest Airlines (LUV)… In line with his optimism, Shanker rates LUV an Overweight (i.e. Buy). His $54 price target implies a 33% upside for the stock in the coming year… Delta Airlines, Inc. (DAL)… Overall, the analyst consensus on Delta is a… Continue Reading…
June 5, 2020
“American Airlines jumped as much as 36%, adding to a record 41% gain on Thursday after an executive touted a bullish outlook for consumers returning to the skies. Its five-day winning streak is on track to be the longest since… Continue Reading…
May 28, 2020
“American Airlines stock fell Thursday after a letter to employees outlining planned job cuts due to the coronavirus surfaced late Wednesday. Delta Air Lines (DAL) is also preparing a round of voluntary job reductions. In the staff letter, American Airlines (AAL) said it would… Continue Reading…
May 26, 2020
“Shares of airline companies surged in premarket trading Tuesday, amid growing optimism that air travel will resume shortly. The U.S. Global Jets ETF JETS, 9.49% shot up 8.0%, outpacing the gain in futures ES00, 1.92% for the S&P 500 SPX, 1.90%, which rose 1.9%. Among the more active airline… Continue Reading…
April 8, 2020
“We don’t know yet which companies are going to get how much in federal bailout money and what the bailout terms will be. But it’s a sure bet that a ton of money will be earmarked for our nation’s four… Continue Reading…
March 23, 2020
“Some 23 million jobs may be in immediate danger from the massive disruptions to the U.S. economy from the coronavirus epidemic. Americans who work in retail, airlines, travel agencies, restaurants, hotels and entertainment are the most vulnerable, according to a new… Continue Reading…
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