UAL is trading at 3.1% up now at $113.67 following a bullish analyst initiation by Wells Fargo and a strong, CPI-fueled broader market rally.
- Wells Fargo initiated coverage with an Overweight rating and a $145 price target.
- The firm called United an earnings growth story, citing premium and loyalty upside potential.
- The analyst note also highlighted the recent positive momentum from a Moody’s credit upgrade.