TD Cowen raised the firm’s price target on United Airlines to $70 from $65 and keeps an Outperform rating on the shares. The firm said United Airlines remains their Best Idea for 2023. They updated their 2023 model to reflect actual 2Q23 results and guidance for 3Q/FY23 and said its Pacific exposure will be a differentiator in 2H23 and 2024.
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