Bernstein lowered the firm’s price target on United Airlines (UAL) to $104 from $105 and keeps an Outperform rating on the shares. The firm is taking down estimates in the near term as it incorporates higher fuel prices into its outlook, and adjusting its valuations to reflect greater uncertainty about how long this crisis could last. Airlines can push fuel prices through fares, but that is harder in a supply-driven fuel shock, and it’s hard to see this crisis not taking a bite out of the summer travel season, Bernstein adds.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UAL:
- JetBlue Stock (JBLU) Drops after CEO Warns that Financial Struggles Will Continue
- United Airlines call volume above normal and directionally bullish
- United Airlines Faces Stock Turbulence Amid Market Challenges
- Airline stocks fall after Israel attack on Iran closes airspaces
- 3 Best Stocks to Buy Now, 6/13/2025, According to Top Analysts
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue