- Citigroup kept a Buy on American Airlines (AAL) and raised its price target to $22 from $14, updating its valuation for the airline while keeping the rating unchanged.
- Vanguard bought American Airlines (AAL) bonds this year, citing move toward higher-quality high-yield debt and potential for rating upgrades and stronger total returns if markets stay supportive.
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Key facts: Citigroup raises AAL target to $22; Vanguard buys bonds
Citigroup kept a Buy on American Airlines (AAL) and raised its price target to $22 from $14, updating its valuation for the airline while keeping the rating unchanged.Vanguard boug