United Airlines (NASDAQ: UAL) Stock Soars on Strong Revenue and Jefferies Price Target Hike
United Airlines (NASDAQ: UAL) operates passenger flights through a network of major hubs. It competes with other large U.S. airlines for travelers. Jefferies raises its price target for UAL to $142.00 from $134.00. At the quoted share price of $104.68, the new target suggests about 36% upside for the airline stock. Higher sales do not guarantee higher profits. United expects fuel costs to remain elevated through 2027, as highlighted by Reuters. Fuel is a major expense for airlines, so sustained high prices ...