Barclays analyst Brandon Oglenski lowered the firm’s price target on United Airlines (UAL) to $140 from $150 and keeps an Overweight rating on the shares. The firm updated Q1 airlines estimates given guidance reductions at American, Southwest, United, JetBlue and Sun Country. In addition, Southwest adding bag fees and basic fares should be accretive to both the company and the market in the long-term, the analyst tells investors in a research note.
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