Can United Airlines Stock Climb Higher After 56% Gain This Year? Bullish Momentum Builds Ahead Of Q3 Earnings
Portfolio Pulse from Surbhi Jain
United Airlines Holdings Inc (NASDAQ:UAL) is set to report its Q3 earnings, with expectations of $3.13 EPS and $14.78 billion in revenue. The stock has gained 56% YTD and shows bullish momentum, trading above key moving averages. Analysts maintain a 'Buy' rating with a price target of $71.37.
October 15, 2024 | 12:10 pm
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United Airlines is expected to report strong Q3 earnings, with a bullish stock momentum. Analysts have a 'Buy' rating and a price target of $71.37, indicating potential upside. However, the stock is overbought, suggesting possible short-term consolidation.
United Airlines is showing strong bullish momentum with its stock trading above key moving averages, indicating ongoing buying pressure. Analysts have a 'Buy' rating with a price target of $71.37, suggesting a potential upside. However, the RSI indicates the stock is overbought, which could lead to short-term consolidation or profit-taking.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100