FDx Advisors Inc., Principal Financial Group, Allspring Global Investments, and Chevy Chase Trust Holdings are a few amongst the many investors adjusting their investments in United Airlines Holdings Inc. (NASDAQ:UAL) with a mix of buying, while others are selling UAL shares. Jim Cramer has given positive reactions multiple times about UAL and has recognized it to constitute about 30% of the entire industry's profits. Remarkably, shareholders who invested in UAL a year ago are up by approximately 156%. Stanley Druckenmiller notably bet big on UAL as the company rebounded strongly in Q4. The airline also received a consensus 'Buy' rating from brokerages, with a target price fixed at $113.88. The shares echoed a strong momentum in the stock market, but there was a momentary downslide of 5.3%. Notably, UAL shares hit a 52-week high and company insiders sold US$11m of shares, evoking a sense of hesitancy. Despite some variance, UAL's high institutional ownership and strong financial results have led to a continued positive outlook.
United Airlines Holdings UAL News Analytics from Mon, 23 Sep 2024 07:00:00 GMT to Sat, 22 Feb 2025 10:36:40 GMT -
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