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United Airlines Stock Soars as Analysts Boost Price Targets

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…

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