UBS lowered the firm’s price target on United Airlines (UAL) to $103 from $105 and keeps a Buy rating on the shares. Feedback and commentary from the airlines indicates demand has been stable in Q2 following the step down in February and March, and UBS anticipates in-line Q2 airline earnings reports, the analyst tells investors in a research note.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UAL:
- M&A News: Capgemini Acquires WNS for $3.3B in AI Expansion Push
- Top Investor Flags Strong eVTOL Position as Archer Aviation Secures $2 Billion in Liquidity
- Archer Aviation (ACHR) Stock Sees Call Options Surge as Bullish Traders Position Ahead of Q2 Earnings
- ACHR Has $6B in Orders and No Revenue – Is Archer Aviation Stock Flying Too Far, Too Fast?
- Iran Strike Shakes Markets: Where Smart Investors Are Moving Their Portfolios Now