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Notable Downgrades: American Airlines (AAL), Sierra Wireless (SWIR), KLA-Tencor (KLAC), Micron (MU)

Analysts at Raymond James downgraded American Airlines Group Inc. (AAL) from ‘Outperform‘ to ‘Market Perform‘ in a research report issued to clients on Monday. On valuation measures, American Airlines Group Inc. stock it’s trading at a forward P/E multiple of 5.34x, and at a multiple of 8.68x this year’s estimated earnings. The t-12-month revenue at […] View the full post at: Notable Downgrades: American Airlines (AAL), Sierra Wireless (SWIR), KLA-Tencor (KLAC), Micron (MU) Related posts: Ericsson Acquires Nortel’s North American Wireless Business for $1.13B Qwest Turning Off Wireless Connection as of Oct. 31 Global Airlines to Post Losses Exceeding $5 Billion this Year
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