Jefferies analyst Sheila Kahyaoglu raised the firm’s price target on United Airlines (UAL) to $95 from $75 and keeps a Buy rating on the shares. The “story has taken shape” as United management executes on the path to double-digit pre-tax margins, versus about 8% in 2024, says the analyst, who adds that “becoming the Premium AND Economy carrier-of-choice” has been a multi-year journey with more benefits to come.
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