Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Lehman Ups AMR to Overweight from Equal-Weight

Lehman Brothers raised its investment recommendation on AMR (AMR) to overweight from equal-weight.

Analyst Gary Chase thinks the risk-reward in American Airlines' parent AMR has improved along with the fundamental outlook for the entire group. He sees a lot of opportunity and optionality in domestic capacity reductions that he envisions for 2006 (currently about 3%.) He says that recent revenue trends are very strong, and he expects those trends will gain momentum as capacity reductions accelerate into the end of the year. With planned capacity reductions, cost savings initiatives, and company-specific drivers of revenue growth, he sees improved fortunes for AMR in 2006. He raised his $2.75 2006 loss estimate to 30 cents earnings per share. He also upped his $16 price target to $18.

blog comments powered by Disqus