your price targets are not based on nothing but sour grapes because you got out too early. Harry Boxer makes much more sense especially as oil continues to hit new lows.
should see some estimate revisions come through soon. it'll be interesting to see how high they go. currently $.88 for 2015. maybe $2.50 - $3.00?
common sense says this company proved this quarter that the plunge in oil is NOT affecting them and their growth trajectory is phenomenal and a forward PE of under 5 is crazy!!
it would be up at least $2 today. the flipside is margins are significantly better than expected. whenever earnings are released they really need to have some pretty solid 1q 15 projections.
i'll sell AAL at $80 in 2015. its outrageously cheap and i couldn't agree more that this focus on PRASM is being nitpicky ... something about the forest through the trees???
i'm looking for the analyst who has foresight and realizes the savings at the pump are still sinking in with consumers and will make air travel more affordable just based on a looser personal budget, which leads to top line growth and we all know bottom line growth will be gangbusters.
may be why the stock is struggling today, but this is easily an $80 stock, maybe $120 if oil doesn't rebound to at least $60 by this summer.