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Jefferies Lifts United Airlines Price Target Despite Newark Challenges

United Airlines Holdings, Inc. (NASDAQ:UAL) is one of billionaire Stan Druckenmiller’s top stock picks with huge upside potential. Jefferies maintained its buy rating on United Airlines Holdings, Inc. (NASDAQ:UAL) and increased its price target from $80 to $100 on June 12. According to the research firm, United’s second-quarter earnings per share of $3.90 are in line with the company’s prior guidance range of $3.25–$4.25. That said, the airline was unable to meet the upper end of that range due to operational difficulties and Newark Airport booking issues.

Due to ongoing challenges at Newark Airport, which accounts for 20% of United’s available seat miles, and a policy of trading yields for load factors during peak summer travel, Jefferies expects third-quarter earnings per share of $2.55, which is about 10% less than the consensus estimates of $2.84.

For United’s full-year results, the firm stressed that close-in bookings for the third quarter along with performance in the fourth quarter will be critical, especially to ascertain whether the currently steady demand accelerates. To that end, Jefferies projects United Airlines Holdings, Inc. (NASDAQ:UAL)’s 2025 EPS to be at $10, which is lower than the company’s initial target range of $11.50-$13.50.

United Airlines Holdings, Inc. (NASDAQ:UAL) is a well-known airline company whose mainline and regional fleets transport both passengers and freight across the globe.

While we acknowledge the potential of UAL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds

Disclosure: None.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

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  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
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  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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