Citi Initiates United Airlines Holdings (UAL) With a Buy

​United Airlines Holdings, Inc. (NASDAQ:UAL) is one of the Cheap NASDAQ Stocks to Buy Now. On December 5, John Godyn from Citi initiated United Airlines Holdings, Inc. (NASDAQ:UAL) with a Buy rating and a $132 price target. Earlier on December 3, Catherine O’Brien from Goldman Sachs reiterated a Buy rating on the stock with a price target of $115.

​Godyn of Citi sees a positive setup for airline stocks heading into 2026. He anticipates that 2026 will see the beginning of an elongated mid-cycle for the airline stocks. Moreover, he added that the setup will benefit large airline companies as they offer better risk/reward, while the lower-cost carriers are expected to underperform during this time.

​In addition, on December 2, United Airlines Holdings, Inc. (NASDAQ:UAL) announced its long-term strategic partnership with Travelport to accelerate modern airline retailing. Travelport is a multi-source content provider. Through this partnership, Travelport will gain access to UAL’s New Distribution Capability technology and enable the accelerated development and deployment of next-level New Distribution Capability functionality for travel agencies and corporate buyers.

​According to the report, the partnership is expected to enhance Travelport+’s retail platform and will also see the integration of UAL’s Online Booking Tool into Travelport’s Deem OBT and Travelport+ platforms. Management expects the initial rollout in 2026, followed by phased feature launches.

​United Airlines Holdings, Inc. (NASDAQ:UAL) is an Illinois-based provider of air transportation services through its subsidiaries. Founded in 1968, the company also engages in ground handling, flight academy, and maintenance services for external parties.

While we acknowledge the potential of UAL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UAL and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.