Jefferies raised the firm’s price target on United Airlines to $75 from $69 and keeps a Buy rating on the shares. September “may be the tipping point for airline normalcy,” with U.S. domestic schedules rationalized by 1-2 points, driving the Q3 RASM raises, the analyst tells investors in an an airlines group Q3 preview note. The firm sees this setting up the U.S. airlines for sequential improvement in Q4 and into 2025, the analyst added.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UAL:
- 3 Best Stocks to Buy Now, 10/2/2024, According to Top Analysts
- Boeing’s (NYSE:BA) Planned Stock Sale Doesn’t Hurt Share Price
- Unusually active option classes on open September 25th
- 3 Reasons to Get Excited About Archer Aviation (ACHR)
- Southwest Airlines (NYSE:LUV) Announces “Difficult Decisions” To Come
