Airline stocks have had a great run. Here's what analysts expect from here.
AAG(AAL) Market Watch·2024-01-10 16:38
Back on Oct. 19, we looked at 10 airline stocks and ranked them by a core measure of profitability used in the industry. That turned out to be excellent timing, because airline stocks have soared even more than the broad stock market since then.On Tuesday, a harsh downgrade of JetBlue Airways Corp. JBLU, -0.12% by BofA Securities analyst Andrew Didora helped send that stock down 10%. The analyst has a negative outlook for the entire domestic airline industry, citing a decline in demand together with plenty ...