American Airlines (AAL) stock is soaring 5.06% in Tuesday's intraday trading session, following a significant target price upgrade from Bernstein. The investment firm raised its price target for the airline from $12 to $15, sparking renewed investor interest in the company.

The substantial increase in Bernstein's target price suggests growing confidence in American Airlines' future performance. This upgrade comes at a time when the airline industry is showing signs of recovery from the pandemic-induced downturn, with increased travel demand and improving financial outlooks for major carriers.

While specific reasons for Bernstein's more optimistic view weren't immediately available, factors such as American Airlines' cost-cutting measures, fleet modernization efforts, and potential benefits from pent-up travel demand may have contributed to the analyst's bullish stance. Investors appear to be reacting positively to this vote of confidence, driving the stock's significant uptick during the trading session.