Here's Why United Airlines Shares (UAL) Are Moving

United Airlines Holdings Inc UAL shares are trading higher by some 1.64% to $56.30 Monday morning after Citigroup analyst Stephen Trent maintained the stock with a Buy and raised the price target from $70 to $75. 

United Airlines shares are also higher by 9.7% over the trailing month amid strength in travel stocks, following May CPI data.

See Also: Why Iovance Biotherapeutics (IOVA) Shares Are Exploding Higher

Airline stocks also saw strength in late June in sympathy with Delta Air Lines, Inc. DAL after the company raised its second-quarter and 2023 guidance at its Investor Day presentation.

According to data from Benzinga Pro, UAL has a 52-week high of $56.97 a 52-week low of $31.58.

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