BofA raised the firm’s price target on United Airlines (UAL) to $120 from $100 and keeps a Buy rating on the shares. United is “the biggest beneficiary” of the strong premium, corporate, and transatlantic growth mentioned in Delta’s (DAL) earnings report last week, argues the analyst, who expects to report strong Q4 results and guide Q1 ahead of consensus when the company reports earnings after the close on January 21.
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