From Yahoo Finance: 2025-04-01 13:27:00

Airline stocks face turbulence as Jefferies downgrades American and Delta from buy to hold. Air Canada and Southwest also downgraded, with United Airlines remaining as the only buy recommendation. Jefferies revised United’s price target down by 48%, citing declining consumer and corporate confidence due to tariffs. The negative outlook caused airline stocks to tumble. Delta, American, and JetBlue have all lowered their guidance, while Southwest aims to lift revenue by charging for checked bags and cutting expenses by over $1 billion by 2027. Airlines are bracing for short-term pain amid economic uncertainty.



Read more at Yahoo Finance: Delta and other airline stocks fall as an analyst sees ‘short-term pain’ ahead