American Airlines: Recent Selloff ‘Great Buying Opportunity’

Wolfe Research’s Hunter Keay and Jared Shojaian note that analyst earnings forecasts for American Airlines’ (AAL) have risen much faster than its stock: We looked at how 2015 consensus EPS estimates have changed YTD compared to YTD stock performance for the airlines we cover. Simplistically stock prices should trend with changes in consensus EPS estimates, [...]