Mon Dec 02 21:52:05 UTC 2024: ## Citi Upgrades United Airlines Price Target to $122, Maintaining ‘Buy’ Rating
**NEW YORK** – Investment firm Citi has significantly raised its price target for United Airlines (UAL) stock, boosting it from $98 to $122, while reaffirming its “Buy” recommendation. This upward revision reflects a change in Citi’s target multiple for UAL shares from 7.6 times to 9.5 times. While Citi continues to favor Delta and United among US carriers, it has now ranked American Airlines (AAL) higher in its internal rankings. The firm also removed United Airlines from its Focus List. The news was first reported by TheFly.
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