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Buy American Airlines and United Stock Because It’s Not All About the 737 MAX, Analysts Say

Teresa Rivas

Both (AAL) (ticker: AAL) and United Continental (UAL) have trailed the market this year, although analysts think both stocks deserve a second look. The entire airline industry has been dominated by uncertainty surrounding of the grounding of (BA)’s (BA) 737 MAX jets, which has disproportionately affected American. On Monday, Bank of America Merrill Lynch’s Andrew Didora reiterated a Buy rating and $94 price target on United, after a meeting last week with management bolstered his bull thesis on the shares.