United Airlines price target raised to $150 from $140 at Morgan Stanley

Morgan Stanley analyst Ravi Shanker raised the firm’s price target on United Airlines (UAL) to $150 from $140 and keeps an Overweight rating on the shares. Q4 is likely to be “another noisy quarter” to cap “a write-off year” for the airlines, but investors will be focused on underlying clues to 2026 hidden in Q4 numbers and this time “the tone may be different” as despite the noise, all the airlines have sounded very positive about underlying demand trends, the analyst tells investors in a preview for the group.