UBS Lowers Airline Price Targets, Flags Fuel and 2026 Uncertainty
UBS reduced earnings estimates and cut price targets across its U.S. airline coverage, citing significant uncertainty around jet fuel prices and the sector's full-year 2026 outlook. Analyst Atul Maheswari said several carriers are expected to preannounce results this week that generally point to first-quarter results around the midpoint of guidance…