Raymond James lowered the firm’s price target on United Airlines to $68 from $70 and keeps an Outperform rating on the shares following the Q3 results and reduced capacity outlook. United’s revenue is likely to hold up better than for most U.S. peers in the medium-term due to outsized exposure to large corporate and international travel and faster growth in its premium offering, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on UAL:
- United Airlines price target lowered to $47 from $55 at TD Cowen
- United Airlines price target lowered to $40 from $44 at Susquehanna
- United Airlines price target lowered to $40 from $48 at BofA
- United Airlines price target raised to $98 from $93 at JPMorgan
- United Airlines price target lowered to $71 from $76 at Citi
