Jefferies maintained a Buy rating on United Airlines but lowered its price target from $160 to $155 due to expected higher fuel costs. United Airlines reported strong Q2 results with a 16% revenue increase to $17.7 billion and adjusted EPS of $1.99, beating estimates. The airline expects to recover 80-90% of nearly $6 billion in additional fuel costs by Q3 and aims for full recovery by Q4, targeting mid-teen pretax margins. This outlook supports confidence in the airline's financial resilience despite cost challenges.
United Airlines reported a record $17.7 billion in Q2 revenue, up 16% despite rising fuel costs. The airline expects to recover 80–90% of fuel cost increases by Q3 and fully by Q4, supporting strong future profitability. Management targets earnings p...
Morgan Stanley increased its price target for United Airlines to $190, suggesting nearly 60% upside from the current price of $118.81. The airline's stock has surged 235% since October 2023, driven by a strong rebound in international travel and rais...
