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AAL

American Airlines

$50.00

-0.58 (-1.15%)

08:45
08/09/17
08/09
08:45
08/09/17
08:45

American Airlines reports July traffic up 0.8%

American Airlines reported July and year-to-date 2017 traffic results. American Airlines Group's total revenue passenger miles, or RPMs, were a record 21.9 billion, up 0.8 percent versus July 2016. Total capacity was 26.0 billion available seat miles, or ASMs, up 1.9 percent versus July 2016. Total passenger load factor was 84.3 percent, down 0.9 percentage points versus July 2016. The company continues to expect its third quarter 2017 total revenue per available seat mile, or TRASM, to be up approximately 0.5 percent to 2.5 percent year-over-year. In addition, the company also continues to expect its third quarter pre-tax margin excluding special items1 to be between 10 percent and 12 percent. The following summarizes American Airlines Group traffic results for the month ended July 31, 2017, and 2016, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements.

AAL American Airlines
$50.00

-0.58 (-1.15%)

07/31/17
07/31/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Altria Group (MO) upgraded to Sector Perform from Underperform at RBC Capital with analyst Nik Modi saying he believes the FDA's tobacco announcement on Friday was "very much in line" with industry expectations despite the surprise to investors. 2. American Airlines (AAL) upgraded to Outperform from Market Perform at Cowen. 3. Baidu (BIDU) upgraded to Buy from Neutral at Nomura Instinet with analyst Jialong Shi-NIHK citing accelerating revenue momentum driven by news feed ads and an undervalued video business. 4. Wells Fargo (WFC) upgraded to Market Perform from Underperform at BMO Capital with analyst James Fotheringham citing valuation. The firm also ended its pair trade call of going long Citi (C) and short Wells Fargo. 5. GoPro (GPRO) upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Yuuji Anderson saying valuation better reflects efforts to driver better product cycles through software improvements. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/01/17
JPMS
08/01/17
UPGRADE
Target $61
JPMS
Overweight
American Airlines upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Jamie Baker upgraded American Airlines (AAL) to Overweight and raised his price target for the shares to $61 from $52. The analyst thinks the company can become more efficient with labor and sees "sufficient upside potential" from current share levels. Baker this morning also upgraded Spirit Airlines (SAVE) to Overweight.
08/01/17
08/01/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Rockwell Collins (COL) upgraded to Buy from Hold at Canaccord with analyst Ken Herbert saying the selloff when Boeing (BA) said it would establish an avionics unit that could eventually bring more work in-house. 2. American Airlines (AAL) and Spirit Airlines (SAVE) were upgraded to Overweight from Neutral at JPMorgan. 3. Cabot Oil & Gas (COG) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Drew Venker saying Cabot offers "excellent" risk/reward in a volatile oil/gas price environment and said downside is limited from lower gas prices, due to a strong balance sheet and free cash flow. 4. Southern Company (SO) upgraded to Buy from Hold at Deutsche Bank with analyst Jonathan Arnold citing news that Scana (SCG) plans to abandon its two new nuclear units at the V.C. Summer site in South Carolina. 5. National Grid (NGG) upgraded to Buy from Hold at Berenberg with analyst Andrew Fisher citing the selloff in shares which creates favorable risk/reward. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/07/17
BERN
08/07/17
NO CHANGE
BERN
American 'most at risk' from United Continental price actions, says Bernstein
Bernstein analyst David Vernon says that American Airlines (AAL) is "most at risk" from United Continental's (UAL) price cuts. The analyst adds that Spirit (SAVE) will have to give its pilots a 60%-80% raise, possibly putting five to six percentage points of its margins at risk. Vernon keeps Market Perform ratings on American and United.

TODAY'S FREE FLY STORIES

SQ

Square

$68.30

-0.02 (-0.03%)

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MEET

Meet Group

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0.08 (1.97%)

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AMRN

Amarin

$2.86

-0.1 (-3.38%)

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JPM

JPMorgan

$111.52

1.01 (0.91%)

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EBAY

eBay

$37.95

0.13 (0.34%)

07:25
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FFIV

F5 Networks

$179.52

2.86 (1.62%)

07:24
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F5 Networks rating change  »

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CMG

Chipotle

$453.56

0.77 (0.17%)

, SBUX

Starbucks

$51.15

-0.12 (-0.23%)

07:24
07/19/18
07/19
07:24
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07:24
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Chipotle, Starbucks analyst commentary  »

Wedbush cautious on…

CMG

Chipotle

$453.56

0.77 (0.17%)

SBUX

Starbucks

$51.15

-0.12 (-0.23%)

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PTCT

PTC Therapeutics

$35.02

-0.19 (-0.54%)

07:23
07/19/18
07/19
07:23
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07:23
Initiation
PTC Therapeutics initiated  »

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HRTX

Heron Therapeutics

$37.75

-0.35 (-0.92%)

07:22
07/19/18
07/19
07:22
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07:22
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Heron Therapeutics analyst commentary  »

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MTB

M&T Bank

$174.38

5.77 (3.42%)

07:20
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M&T Bank analyst commentary  »

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07:20
07/19/18
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General news
Treasury Market Outlook: Treasury yields have extended slightly higher »

Treasury Market Outlook:…

WRD

WildHorse Resource

07:19
07/19/18
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07:19
Initiation
WildHorse Resource initiated  »

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  • 08

    Aug

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    Aug

ARA

American Renal Associates

07:19
07/19/18
07/19
07:19
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07:19
Initiation
American Renal Associates initiated  »

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BIG

Big Lots

$42.76

0.39 (0.92%)

07:19
07/19/18
07/19
07:19
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07:19
Initiation
Big Lots initiated  »

Big Lots initiated with a…

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07:18
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General news
Futures lower as trade war rhetoric, earnings reporting continues »

Stock futures are…

LITE

Lumentum

$59.30

-0.05 (-0.08%)

, VIAV

Viavi

$10.39

-0.09 (-0.86%)

07:17
07/19/18
07/19
07:17
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07:17
Recommendations
Lumentum, Viavi, Apple analyst commentary  »

JPMorgan raises 3D…

LITE

Lumentum

$59.30

-0.05 (-0.08%)

VIAV

Viavi

$10.39

-0.09 (-0.86%)

AAPL

Apple

$190.43

-1.12 (-0.58%)

03/08/13
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  • 31

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HNHPF

Hon Hai Precision

$0.00

(0.00%)

07:17
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Periodicals
Foxconn interested in webcast business opportunities, DigiTimes reports »

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AXP

American Express

$102.98

1.84 (1.82%)

07:15
07/19/18
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07:15
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American Express analyst commentary  »

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  • 08

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General news
FX Update: The Dollar rose for at third consecutive day »

FX Update: The Dollar…

KEY

KeyCorp

$20.30

0.24 (1.20%)

07:14
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Hot Stocks
KeyCorp sees FY18 net interest income $3.95B-$4.05B, one rate increase »

For loans, the company…

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LGF

Use LGF.A, LGF.B

$0.00

(0.00%)

, AMZN

Amazon.com

$1,842.36

-1.64 (-0.09%)

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Use LGF.A, LGF.B, Amazon.com, Alphabet Class A rating change  »

Lionsgate upgraded to Buy…

LGF

Use LGF.A, LGF.B

$0.00

(0.00%)

AMZN

Amazon.com

$1,842.36

-1.64 (-0.09%)

GOOGL

Alphabet Class A

$1,212.64

-1.01 (-0.08%)

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TGT

Target

$76.86

-0.385 (-0.50%)

07:11
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Hot Stocks
Target, Shipt launch same-day delivery in Greater New York Metro »

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PM

Philip Morris

$82.16

-0.17 (-0.21%)

07:11
07/19/18
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07:11
Earnings
Philip Morris lowers FY18 currency-neutral net revenue growth view to 3%-4% »

PMI revised its 2018…

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  • 19

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RCI

Rogers Communications

$50.94

0.45 (0.89%)

07:10
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Hot Stocks
Rogers Communications reports strong subscriber performance in Wireless in Q2 »

Reports: Service revenue…

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SPX

S&P 500

$0.00

(0.00%)

07:10
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Technical Analysis
S&P 500: Pivot points »

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