American Airlines Group (NASDAQ:AAL) is also cut to Hold and has its PT sliced to $58 from $78.
That's a huge cut in pt. Looks like it's time to short this dog.
Deutsche Bank downgraded American Airlines Group (NASDAQ: AAL), Delta Air Lines (NYSE: DAL), and United Airlines (NYSE: UAL) from Buy to Hold with a price target of $58 (from $78), $50 (from $60) and $70 (from $85), respectively.
Analyst Michael Lindenberg commented, "We are lowering our ratings on the shares of AAL, DAL, and UAL (i.e. the Big Three) from Buy to Hold as we think that int'l sales will be a source of earnings disappointment for the next few quarters. The combination of a strong US dollar, greater-than-expected capacity increases by non-US airlines, and decelerating global GDP growth are likely to further pressure our -5% int'l PRASM forecast for 2015. However, we do believe that airlines will be quick to utilize their sizable share repurchase authorizations in response to any stock price weakness. The net effect, in our view, is that AAL, DAL, and UAL shares will be range-bound in the near-term, hence, our Hold rating."
Wells Fargo has a very negative view on Micron, which effectively looks and acts like a “Sell” rating. The firm has an Underperform rating and lowered its valuation range to $20 to $25 from the prior range of $22 to $28. Risks include highly volatile pricing for DRAM and NAND flash, the need for relatively high levels of capital investment and large swings in Micron’s profitability that have occurred in the past and that the analysts think are likely to continue into the future.
Oh childmolester654 where are u? U haven't jump off a bridge & end your worthless life have u? LOl.... What a clown!!!!
Like I said shorts rule this pos. Going back to $40
3/30/15 Morgan Stanley Downgrades OverweightEqual-weight 44.0
Sounds like you caught with your Shorts down. So just how deep in short shet are u?