Bank of America raised its price objective for United Airlines from $120.00 to $130.00. The firm maintained a "buy" rating on the stock.
This positive analyst action aligns with other firms that have expressed bullish sentiment. These analysts have set price targets ranging from $125 to $156, citing confidence in the company’s ability to support a higher valuation.
Separately, United Airlines resumed contract negotiations with the Association of Flight Attendants (AFA-CWA) in Chicago. Talks are scheduled from January 6 to January 9. The union previously rejected airline proposals and seeks improvements in pay and working conditions.
Operationally, the airline is restoring its full schedule and adding more flights to the Caribbean. These changes follow the lifting of FAA restrictions related to military action in Venezuela.