United Airlines initiated with a Neutral at UBS
The Fly

United Airlines initiated with a Neutral at UBS

UBS analyst Atul Maheswari initiated coverage of United Airlines with a Neutral rating and $47 price target. The United investment case has “several positives,” including improved competitive positioning, exposure to faster growing premium segment, and long-term margin enhancement potential. However, subdued near-term free cash flow and limited upside to out year margin estimates keep the firm on the sidelines, the analyst tells investors.

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