Berenberg cut the price target for American Airlines Group Inc. (NASDAQ: AAL) from $26 to $23. Berenberg analyst Adrian Yanoshik maintained an Outperform rating. American Airlines shares fell 0.4% to $12.86 in pre-market trading.
Gainers
American Superconductor Corporation (NASDAQ: AMSC) shares surged 112.1% to $21.38 in pre-market trading. AMSC is expected to report first-quarter results on Aug. 9, 2023.
U.S. stocks traded mixed toward the end of trading, with the S&P 500 and Nasdaq Composite moving lower on Friday.
The Dow traded up 0.30% to 34,498.91 while the NASDAQ fell 0.36% to 14,087. The S&P 500, also fell, dropping, 0.18% to 4,502.13.