Bank of America Securities maintained a Buy rating on United Airlines (UAL) and raised its price target from $120 to $130, citing strong confidence in the airline's 2026 outlook.
- The analyst cited UAL's exposure to accelerating unit revenues and robust demand as key drivers.
- The firm forecasts that the carrier will generate over $2 billion in free cash flow this year, positioning it as a structural winner due to disciplined capacity growth and a strong network.