BMO Capital raised the firm’s price target on United Airlines (UAL) to $132.50 from $125 and keeps an Outperform rating on the shares after its Q4 earnings beat. The company’s FY26 guidance could prove conservative should January momentum persist, and the firm is also encouraged by results with continued runway for United Airlines on a number of fronts, including gauge, loyalty/co-brand credit card, merchandising, and Kinective Media, the analyst tells investors in a research note.
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