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United Airlines price target raised to $98 from $93 at JPMorgan

JPMorgan analyst Jamie Baker raised the firm’s price target on United Airlines to $98 from $93 and keeps an Overweight rating on the shares post the Q3 report. The analyst says United’s below-consensus Q4 guide was accompanied by an “aggressive campaign highlighting the inverted industry construct.” The firm shifted its price target to 2024 from 2023

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