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Old 05-01-2020, 09:57 AM
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“...American Airlines Group Inc. received a big blow from Wall Street on Friday as Evercore ISI analyst Duane Pfennigwerth slashed his price target on the Fort Worth, Texas-based carrier to $1 from $10.

That would imply a 92% rout in the stock, which closed at $12.01 on Thursday...”
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Old 05-01-2020, 10:54 AM
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Old 05-02-2020, 08:36 PM
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A $1.00 target is worst case .... but we’re flirting with worse case. If things don’t improve significantly by August, it’s going to be a bloodbath this fall.
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Old 05-03-2020, 05:05 AM
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Originally Posted by Voski View Post
A $1.00 target is worst case .... but we’re flirting with worse case. If things don’t improve significantly by August, it’s going to be a bloodbath this fall.
Yeah and with Berkshire dumping the entirety of their $4,000,000,000.00 (that's billion) airline stake, things are looking grim to say the least.
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