Downgrades Hit Airline Stocks: American, Delta in Focus

Core Viewpoint - American Airlines Group Inc and Delta Air Lines Inc stocks are experiencing declines following a downgrade by Jefferies, which cited rising macroeconomic uncertainty and weakening corporate travel demand as key factors [1] Group 1: Stock Performance - American Airlines stock is down 1.7% to $10.37 in premarket trading, extending its 2025 deficit to 39.5$42.75, contributing to a 28% year-to-date loss and a 28.2% drop over the last three months [3] Group 2: Analyst Ratings and Price Targets - Jefferies downgraded Delta Air Lines from "buy" to "hold" and cut its price target from $85 to$46, while American Airlines was downgraded from "buy" to "hold" with a price target reduction from $20 to$12 [1] - Despite the downgrades, 12 of 20 brokerages still rate American Airlines as "buy" or better, and all 21 analysts covering Delta maintain a "strong buy" rating, indicating potential for further downgrades [4]