American Airlines price target lowered to $15.25 from $16.60 at Citi

Citi lowered the firm’s price target on American Airlines to $15.25 from $16.60 and keeps a Neutral rating on the shares. The company’s near-term challenges with fuel prices are similar to what most of its domestic peers are experiencing at the moment, the analyst tells investors in a research note. However, unlike rivals Delta and United, American does not appear to have the international revenue flow and “demand curve muscle” that could help the carrier to offset fuel and other cost headwinds, says Citi.