Monday, July 23, 2007

AMR rises after Goldman Sachs ups target

(Reuters) - Barry raised the share price target to $26 from $22, although AMR shares were trading at $28.01 on the New York Stock Exchange in late morning trade.




He linked the higher target to an assumption that the price of jet fuel will fall relative to price of crude oil in the fourth quarter of 2007 and all of 2008.


Read more at Reuters.com Hot Stocks News

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