AMR (NYSE:AMR) Least Favorite Among Airline Stocks for Soleil

Soleil Securities has maintained their "Hold" rating on AMR Corp. (NYSE:AMR), while raising their price target and EPS on them.

"While we are slightly raising our 2010 and 2011 EPS forecast to a rounded loss of ($1.30) from ($1.50) and a profit of $0.20 from $0.10, respectively, those changes are driven by stronger expected revenues and some offset from higher fuel prices," Soleil said.

Even so, they added, "we view AMR shares as being on a short leash, overvalued if they continue their rise without an accompanying improvement in the fundamental and, especially, the labor outlook. Our rating on AMR remains Hold, but it is our least favorite airline stock."

AMR closed Friday slightly up at $8.24, rising $0.01, or 0.12 percent. Soleil has a price target of $8 on the airline, increasing it from $6.