Update (9:34 a.m.): Updated with Friday market open information.

NEW YORK (TheStreet) -- Barclays increased its price target on American Airlines Group  (AAL) - Get American Airlines Group, Inc. Report to $41 and set an "equal weight" rating. The firm notes the company's capable management team is executing turnaround strategy.

The stock was down 1.74% to $36.61 at 9:34 a.m. on Friday.

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