On November 17, 2025, United Airlines Holdings (UAL) closed at $89.95, down -5.35%, following a price target reduction by Wolf Research. While the analyst maintained a positive rating, the lowered target highlighted ongoing worries about the pace of passenger demand and revenue growth, which weighed heavily on investor sentiment[3]. The market's reaction was amplified by UAL's recent volatility and sensitivity to analyst commentary, with traders focusing on the implications for future profitability. Broader market factors and sector rotation also contributed, but the primary driver was the analyst's cautious outlook on demand trends[3].