Merrill Lynch airline analyst Michael Linenberg said that he expects AMR Corp. to earn a profit next year of $1.15 a share and boosted the price target on the stock to $25 from $18. Merrill had expected AMR to lose $3.50 a share in 2006.
http://www.marketwatch.com/news/yhoo/story...0D07C1F0D797%7D
From a $3.50 loss to a $1.15 profit - that is a big change!
We've heard the same before - "next year is the year". Hopefully, next year will be the year things turn around.
http://www.marketwatch.com/news/yhoo/story...0D07C1F0D797%7D
From a $3.50 loss to a $1.15 profit - that is a big change!
We've heard the same before - "next year is the year". Hopefully, next year will be the year things turn around.