United Airlines Stock Soars as Analysts Boost Price Targets
United Airlines Holdings Inc.’s stocks have been trading up by 13.64 percent amid positive sentiment around travel industry recovery.
Key Takeaways:
- TD Cowen has bumped up the price target for UAL from $88 to $101, keeping their stance on a buy rating.
- Deutsche Bank followed suit by lifting the price target from $85 to $100, signifying strong confidence in the airline’s future.
- Meanwhile, Wolfe Research and Jefferies made notable adjustments, raising their targets significantly to $95 and $100, respectively.
- The announcement of resumed routes from New York/Newark to Tel Aviv in late July sparked a notable 0.90% increase in UAL’s stock price.
- A consensus of analysts suggests a mean target price that continues to…
