Shares of AMR (AMR +7.4%) are on the move after Ticonderoga says its Sell rating is no longer...

|By:, SA News Editor

Shares of AMR (AMR +7.4%) are on the move after Ticonderoga says its Sell rating is no longer justified after their recent drop. "With ample cash and a scant $1.1B in equity market value representing only 6% of adjusted enterprise value, we believe the reward/risk outlook for the shares is close to even," a research note says.