Raymond James Maintains Outperform on United Airlines Holdings, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Savanthi Syth has maintained an Outperform rating on United Airlines Holdings (NASDAQ:UAL) but has reduced the price target from $68 to $65.
December 20, 2023 | 1:57 pm
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United Airlines Holdings' Outperform rating is maintained by Raymond James, but the price target is lowered from $68 to $65.
The maintenance of an Outperform rating suggests that Raymond James still sees United Airlines Holdings as a favorable investment. However, the reduction in the price target could imply a more conservative outlook on the company's future stock performance. This might lead to a neutral short-term impact on the stock as the positive sentiment from the Outperform rating could be offset by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100