Citigroup Lowers American Airlines Price Target to $14

Analysts cite ongoing challenges facing the airline industry

Mar. 21, 2026 at 9:50am

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Citigroup has lowered its price target for American Airlines Group (NASDAQ:AAL) from $21 to $14, while maintaining a buy rating on the stock. The move comes as the airline industry continues to face headwinds, with several other analysts also adjusting their outlooks for American Airlines in recent months.

Why it matters

The reduced price target from a major investment bank signals ongoing concerns about the financial performance and outlook for American Airlines, one of the largest U.S. air carriers. This could impact investor sentiment and the company's ability to raise capital as it navigates a challenging operating environment.

The details

Citigroup cited the airline's ongoing struggles in its research note, lowering the price target from $21 to $14 per share. Several other analysts have also recently adjusted their ratings and price targets for American Airlines, with TD Cowen reducing its target from $17 to $13 and Barclays increasing its target from $12 to $16, though still maintaining a neutral rating.

  • The Citigroup research note was released on Friday, March 21, 2026.

The players

Citigroup

A major global investment bank that provides financial services and research coverage for American Airlines and other airline stocks.

American Airlines Group

A leading U.S. airline holding company that operates American Airlines and American Eagle regional carriers, providing passenger and cargo service to over 350 destinations worldwide.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

The reduced price target from Citigroup underscores the ongoing challenges facing the airline industry, including American Airlines, as it navigates economic headwinds and seeks to regain its financial footing. Investors will be closely watching the company's performance and ability to execute its turnaround strategy in the coming quarters.