American Airlines (AAL) Gains 8% Over 30 Days, Can it Move Higher?
Key takeaways
- American Airlines (AAL) Gains 8% Over 30 Days, Can it Move Higher?
- Recently, two Wall Street firms raised the price target on American Airlines Group Inc.
- Jefferies analyst Sheila Kahyaoglu raised the price target after meeting with management.
American Airlines (AAL) Gains 8% Over 30 Days, Can it Move Higher? Talha Qureshi Sun, June 28, 2026 at 5:13 AM GMT+7 1 min read AAL American Airlines Group Inc. (NASDAQ:AAL) is one of the Best Growth Stocks to Buy and Hold for the Next Decade. The stock has gained roughly 8% over the past 30 days, mainly driven by continued momentum from the company's strong fiscal Q1 2026 earnings and strategic technology partnerships.
Recently, two Wall Street firms raised the price target on American Airlines Group Inc. (NASDAQ:AAL), however, both maintain a Hold rating. On June 16, Jefferies raised the price target on the stock from $13 to $15. Later on June 22, BofA also raised the price target from $14 to $16.
Jefferies analyst Sheila Kahyaoglu raised the price target after meeting with management. She noted that demand remains solid, with fares up 20% year-over-year and only modest customer churn. While BofA cited slightly higher valuation multiples across the airline sector as Q2 earnings approach, driven by strong demand and positive market performance. Both firms acknowledge the improving demand environment, hence increased price targets.