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Amr Corporation (AAMRQ) [hlAlert]

Rating:
Hold AMR
down 4.35 %

Amr Corporation (AMR) upgraded to Hold with price target $9 by Citigroup

Posted on: Tuesday,  Oct 14, 2008  8:25 AM ET by Citigroup

Citigroup rated Hold Amr Corporation (OTCBB: AAMRQ) on 10/14/2008. Previously Citigroup rated Sell Amr Corporation (OTCBB: AAMRQ) on 08/27/2008., when
the stock price was $9.01. Since then, Amr Corporation has gained 4.55% as of 10/14/2008's recent price of $9.42.
If you would have followed the previous Citigroup's recommendation on AAMRQ, you would have lost 4.35% of your investment in 48 days.

AMR Corporation operations fall almost entirely in the airline industry. AMR's principal subsidiary is American Airlines, Inc. American is one of the largest scheduled passenger airlines in the world and provides scheduled jet service to more than 169 destinations throughout North America, the Caribbean, Latin America, Europe and the Pacific. American is also one of the largest scheduled air freight carriers in the world, providing a full range of freight and mail services to shippers throughout its system.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/14/2008 8:25 AM Hold
None
9.42 9.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/27/2008 8:25 AM Sell
None
9.01 9.00
10/1/2007 9:25 AM Hold
None
22.55

(*) Stock Price at the time of the recommendation.
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