TD Cowen analyst Thomas Fitzgerald CFA maintained a Buy rating on United Airlines Holdings today and set a price target of $138.00.
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Thomas Fitzgerald CFA has given his Buy rating due to a combination of factors that highlight United Airlines Holdings’ strategic positioning and potential for growth. The company’s UnitedNext strategy is a key element, positioning United to take advantage of long-term revenue trends while also benefiting from cost efficiencies through increased gauge and efficiency-related investments. This strategy is expected to contribute to a 1-point annual margin expansion through the end of the decade, with potential for even greater improvements.
Furthermore, management’s goal to double loyalty EBITDA by the decade’s end presents additional upside potential. The anticipated improvement in Revenue per Available Seat Mile (RASM) in the fourth quarter of 2025, particularly in international markets, supports a positive outlook. The analyst also notes that United’s ongoing transformation is not fully recognized by the market, suggesting that the stock is undervalued. These factors collectively underpin the Buy rating and the increased price target of $138.
According to TipRanks, Fitzgerald CFA is a 4-star analyst with an average return of 10.4% and a 63.89% success rate. Fitzgerald CFA covers the Industrials sector, focusing on stocks such as Air Canada, Alaska Air, and Delta Air Lines.
In another report released on October 17, Evercore ISI also maintained a Buy rating on the stock with a $135.00 price target.