Veteran trader focuses on American Airlines on analyst activity

From Yahoo Finance: 2025-04-09 19:33:00

President Trump’s tariffs are causing turbulence in the airline industry, with Canadians canceling trips to the U.S. Delta Air Lines CEO criticizes the tariffs, leading to reduced growth plans. American Airlines’ parent company is also struggling, with analysts downgrading stock and forecasting lower free cash flow due to decreased demand. Analysts are slashing price targets on American Airlines due to uncertainties in the economic and geopolitical future. Wall Street expects the airline to post a wider loss in the upcoming quarter.

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