UBS: Raises target price for United Airlines and American Airlines, improved demand and ticket prices offset some cost pressures.
UBS raises target prices for some US airline stocks, believing that the improvement in demand and ticket prices has offset the moderate expenditure pressure for most companies. Specifically, UBS raised the target price for United Airlines from $114 to $131, for American Airlines from $12 to $13, and for Frontier Group from $3.5 to $5.
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