Goldman Sachs analyst Catherine O’Brien resumed coverage of United Airlines (UAL) with a Buy rating and $119 price target The firm forecasts that United will end 2024 with margins nearly at pre-pandemic levels, the highest rate of recovery of the mainline airline group. The firm likes the company’s ability to grow into an improving revenue backdrop versus more constrained competitors, its exposure to outperforming premium demand and competitors exiting key cities.
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:
- Early notable gainers among liquid option names on November 14th
- United Airlines price target raised to $150 from $75 at Barclays
- United Airlines price target raised to $114 from $97 at Seaport Research
- United Airlines price target raised to $100 from $84 at BofA
- Apple’s Find My now sharable with third parties