From Yahoo Finance: 2024-05-29 16:03:18

Jefferies downgraded American Airlines from Buy to Hold due to a full-year guidance cut and the departure of Chief Commercial Officer Vasu Raja. In contrast, Jefferies upgraded United Airlines to Buy, citing international travel strengths. Yahoo Finance’s Julie Hyman and Josh Lipton analyze these calls. For expert insights and market updates, watch Market Domination with Luke Carberry Mogan.

American Airlines was downgraded by Jefferies from Buy to Hold, citing a disappointing full-year guidance cut and the departure of the Chief Commercial Officer. On the other hand, Jefferies upgraded United Airlines to Buy, highlighting the company’s strong international travel performance. The contrasting moves show different outlooks for the two major airline operators.



Read more at Yahoo Finance: Jefferies downgrades American Airlines, but upgrades United