Airline Group Stays Stout, But Some Issues Turn Rocky

By | April 7, 2015

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While still highly rated, the Transportation-Airline group is seeing some turbulence in recent sessions. Last week, Deutsche Bank downgraded three of the nation’s biggest carriers. It cut American Airlines Group (AAL), Delta Air Lines (DAL) and United Continental Holdings (UAL) to hold from buy and reduced their price targets. Deutsche Bank analyst Michael Linenberg noted in a research note that headwinds such as the strong U.S. dollar, capacity Scalper1 News

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