Jefferies analyst Sheila Kahyaoglu also raised its price target from American Airlines from $12 to $20 due to what she predicts to be continued increases in revenue per available seat mile (TRASM) as well as a stronger-than-expected earnings per share (EPS) of $1.79 in a 2024.

AAL is a chip shot from its Dec. 10 two-year high of $18.20. Since that peak, the shares have consolidated around $17, with their 100-day moving average catching last week's pullback. Year-over-year, the equity is now 30.3% higher.

American Airlines Group Inc.’s stock soared 5% Monday, after a slew of upgrades that acknowledged the company is coming out of transitory 2024 challenges to a better backdrop in 2025. The big airlines are in better shape than low-cost and ultralow-cost carriers,

Sheila Kahyaoglu, Jefferies aerospace and defense analyst, joins CNBC's The Exchange to discuss why her firm increased the price target on American Airlines to $20 from $12, her take on other airlines,

Key Takeaways Shares of American Airlines surged Monday after brokerage firms Jefferies and TD Cowen upgraded their ratings to "buy" and raised their price targets on the carrier's stock.Jefferies said the stock "could see significant surprise to the upside in 2025.

Shares of American Airlines Group Inc (AAL) surged over 4% on Monday after TD Cowen reportedly upgraded the stock while raising the price target by $8. Other analysts have also upgraded the stock. According to a CNBC report,