• Bank of America upgrades airline stocks on stock-market momentum, but warns the industry is still vulnerable with valuations above pre-pandemic levels

    7 days ago - By Business Insider

    American Airlines and United Airlines planes at Los Angeles International Airport.
    Kit Leong/Shutterstock.com
    Bank of America upgraded airline stocks but emphasized that momentum, not value, is driving the higher price objectives. Analyst Andrew G. Didora has a buy rating for JetBlue, Alaska Airlines, and Southwest. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Airline stocks have upside ahead, but investors should be warned that the industry is still vulnerable with many valuations above pre-pandemic levels, according to Bank of America. In a Monday note, BofA...
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