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00:02American Airlines shares rose Thursday as oil prices eased, with crude falling toward
00:06$100 a barrel.
00:08The stock gained alongside broader markets, with the Nasdaq up 1.72% and the S&P 500 rising
00:131.13%.
00:14American remains below its 50-day, 100-day and 200-day moving averages, while its 20-day
00:20average sits about 1.5% above the stock.
00:23Analysts have a hold consensus and an average price forecast of $19.
00:26Barclays maintained an equal weight rating, while lowering its forecast to $14 on September
00:3111th.
00:32UBS and TD Cowan maintained buy ratings, but cut their forecasts to $17 and $16, respectively.
00:38American shares were up 2.56% to $13.03 at the time of publication on Thursday, according
00:45to Benzinga ProData.
00:47For all things money, visit Benzinga.com.
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