Evercore ISI cuts price target for American Airlines to $1, warns debt will crowd out equity

American airlines jets made by Embraer and other manufacturers sit at gates at Washington's Reagan National airport as the novel coronavirus pandemic continues to

keep airline travel at minimal levels and the U.S. economy contracts in the first quarter at its sharpest pace since the Great Recession, in Washington, U.S. April 29, 2020.

Pro Duane Pfennigwerth is ranked 1/2 star on tipranks. Wrong most of the time. Once again sloppy reporting by cnbc. He clearly was shorting the stock and you gave him the platform. Guy is a joke.

Pro Lol, $1. I highly doubt that.

Pro The same thing should be done for Boeing.The company is now piling debt thru its bonds for no production. Thete'll be surplus of 777s line in the market. The Boeing stocks should go below $50USD.

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