Goldman Sachs analyst Catherine O’Brien resumed coverage of United Airlines (UAL) with a Buy rating and $119 price target The firm forecasts that United will end 2024 with margins nearly at pre-pandemic levels, the highest rate of recovery of the mainline airline group. The firm likes the company’s ability to grow into an improving revenue backdrop versus more constrained competitors, its exposure to outperforming premium demand and competitors exiting key cities.
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