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MarketBeat
MarketBeat
Gabriel Osorio-Mazilli

Why Analysts Boosted United Airlines Stock Ahead of Earnings

When Wall Street analysts decide to publish their view on a stock, investors tend to dismiss it as only being part of the regularly scheduled posts that these analysts have to make. However, the timing of these rating publications and the broader context matters a lot more, especially during times like today when the S&P 500 sell-offs drag just about any other stock down along with it.

[content-module:CompanyOverview|NASDAQ:UAL]

Wall Street analysts are typically reluctant to raise a stock’s outlook—or even reaffirm a bullish stance—when it’s under pressure from recent bearish price action. That makes it even more significant when they do. When analysts choose to boost a stock’s outlook during periods of turmoil, it often carries far more weight than similar upgrades made under normal conditions.

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