American Airlines Group Inc (AAL) Downgraded At Merrill Lynch, Amid Capacity Worries

Bank of America Merrill Lynch analyst, Andrew Didora, notified investors in a research report published on Wednesday that the bank was downgrading American Airlines Group Inc (NASDAQ:AAL) stock from Buy to Neutral. The downgrade comes as a result of the bank's belief that the carrier has greater exposure to capacity risks compared to peers.