"Goldilocks Momentum": Analyst gives this airline stock a "Buy": Price potential of 58 percent!

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American Airlines shares could benefit from an improving industry environment. Redburn Atlantic analyst James Goodall upgraded the airline from neutral to buy on Wednesday and raised his price target from $18 to $24. This represents an upside potential of 58 percent compared to Tuesday's closing price. "The U.S. airline industry is entering a kind of 'Goldilocks' phase," Goodall said in a note to clients. He pointed to ongoing capacity restrictions that could ensure discipline in supply in the medium to long term. At the same time, demand for international flights and premium segments remains high. This ... Read the full article ...