Bernstein analyst David Vernon raised the firm’s price target on United Airlines to $85 from $68 and keeps an Outperform rating on the shares. The firm says Q3 looked good, while Q4 guide looks conservative, aligning with consensus. Bernstein’s FY25 numbers move up 7%, with the firm saying combo of company performance and industry dynamic deserves a better multiple.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% 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>>
Read More on UAL:
- United Air reports Q3 beat, Amazon unveils nuclear energy pacts: Morning Buzz
- United Airlines ‘confident’ Boeing will get through strike
- United Airlines sees repurchasing shares this quarter and in 2025
- United sees costs pressured from capacity reductions, delivery delays
- United sees acceleration in corporate demand continuing in Q4