AAL | Anglo American (OTCMKTS:NGLOY) Raised to Overweight at Morgan Stanley

Anglo American (OTCMKTS:NGLOY) was upgraded by Morgan Stanley from an “equal weight” rating to an “overweight” rating in a research report issued to clients and investors on Monday, The Fly reports.Several other equities analysts have also recently weighed in on NGLOY.JPMorgan Chase & Co.reiterated an “overweight” rating on shares of Anglo American […]The Olympia Report

AAL | Anglo American upped to overweight at Morgan Stanley

Anglo American was upgraded to overweight from equal-weight by Morgan Stanley, which also lifted its price target to 2280 pence from 1900 pence.“Anglo American’s earnings power is more resilient than peers, less dependent on iron ore and underpinned by an accelerating diamond recovery.This, together with a superior volume growth profile, should support a multiple re-rating […]

AAL | Passenger Airlines Increase Cargo Space To Replace Passengers

Airlines that for decades augmented international passenger travel businesses with freight operations using space in the bellies of aircraft are trying something new because of the pandemic: cargo-only flights, CNBC reported.United Airlines, Delta Air Lines and American Airlines are among those that have adopted the new tactic.The logic behind the development is straightforward.[…]PYMNTS