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.
U.S. stocks traded mostly higher on Wednesday. Here are some big stocks recording gains in today’s session.
Steelcase Inc. (NYSE: SCS) shares surged 27.3% to $11.22. Steelcase reported better-than-expected results for its second quarter.
Gainers
Crinetics Pharmaceuticals, Inc. (NASDAQ: CRNX) jumped 76% to $28.13 after the company's once-daily oral paltusotine achieved the primary and secondary endpoints in the Phase 3 PATHFNDR-1 study in acromegaly.