United Airlines (UAL) stock is soaring 5.27% in pre-market trading on Thursday, reversing course from earlier losses following the company's mixed second-quarter earnings report. The surge comes as several analysts reiterated their bullish stance on the airline, citing strong demand trends and potential upside.

Despite initially falling after reporting earnings, United Airlines shares rebounded strongly as investors digested the results and analyst commentary. While the company revised its full-year guidance lower, it noted an acceleration in demand and double-digit growth in business travel bookings starting in early July, which it attributed to "less geopolitical and macroeconomic uncertainty."

Analysts remain optimistic about United's prospects, with several reiterating or raising their price targets. Seaport Global maintained a Buy rating with a $115 price target, while TD Cowen kept its Buy rating and $101 target. Barclays raised its price target to $100 from $94, citing the company's strong financial performance and positive outlook. This wave of analyst confidence appears to be driving the stock's pre-market rally, as investors look past near-term headwinds to focus on the airline's longer-term potential.