Raymond James analyst Savanthi Syth raised the firm’s price target on United Airlines to $76 from $72 and keeps an Outperform rating on the shares. United’s revenue is likely to hold up better than 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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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 Stock (NASDAQ:UAL): Up 55% YTD but Still Significantly Undervalued
- United Airlines price target raised to $70 from $65 at TD Cowen
- CVS Health appoints Scott Kirby to Board of Directors
- United Airlines sees FY23 CapEx about $8.5B
- United Airlines: September, October demand ‘looks strong’ vs. 2019