Airline

TD Cowen downgrades American following ""aggressive discounting"" of fares

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TD Cowen downgrades American following ""aggressive discounting"" of fares

TD Cowen analysts Helane Becker and Thomas Fitzgerald downgraded American Airlines from buy to hold on July 16, 2024. The downgrade followed the analysts' concerns surrounding the carrier's ""aggressive discounting"" of its summer fares. The discounting came as fuel prices eased, they claimed. The ...

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