On 10/16/24, United Airlines Holdings Inc (NASDAQ: UAL) stock enjoyed a major increase of 12.4%, closing at $72.01. Moreover, trading volume in this advance was exceptionally high at 489% of normal. Relative to the market the stock has been strong over the last nine months and has risen 20.0% during the last week.
Current PriceTarget Research Rating
UAL is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
United Airlines Holdings has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. United Airlines Holdings has a slightly positive Appreciation Score of 69 and a good Power Rating of 71, with the Positive Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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