Morning Movers: Bank Downgrades, Airline PT Hikes, AeroVironment Earnings Surge

Bullish Gator

Oppenheimer downgrades BAC, C, MS and GS; Wells Fargo raises price targets on AAL and LUV amid lower oil hopes; AeroVironment (AVAV) surges after earnings.

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What stands out

Schwab’s morning movers picked up a small but meaningful theme: Wells Fargo nudged up price targets for airlines, including Southwest Airlines (LUV), on hopes that lower fuel costs will steady margins, even as banks got headline downgrades. That contrast matters because it shows how a single sector catalyst, fuel costs, can reshape near-term expectations for carriers even when broader market sentiment is jittery. For anyone watching travel stocks, the clip is a reminder that analyst chatter about commodity relief can trigger real intraday moves.