Market Overview

Sterne Agee Reiterates Buy Rating, $35 PT on United Continental Holdings

Share:
Related UAL
Hedge Funds' Favorite And Least Favorite Airline Stocks
Watch These 7 Huge Put Purchases In Friday Trade
Hawaiian Holdings upgraded to Buy at Deutsche Bank (Seeking Alpha)

In a report published Friday, Sterne Agee Group reiterated its Buy rating and $35.00 price target on United Continental Holdings (NYSE: UAL).

Sterne Agee noted, “Despite an overall improved airline environment, we are lowering EPS expectations for UAL related to somewhat company specific issues - larger winter storm impact than last year, and earlier than expected labor accruals for new labor contracts. We don't see either of these issues materially affecting our 2013 expectations. Our 2013/2014 estimates change slightly on lower capacity.”

United Continental Holdings closed on Thursday at $23.19.

Latest Ratings for UAL

DateFirmActionFromTo
Apr 2016Morgan StanleyMaintainsOverweight
Apr 2016Sterne Agee CRTDowngradesBuyNeutral
Apr 2016Cowen & CompanyMaintainsOutperform

View More Analyst Ratings for UAL
View the Latest Analyst Ratings

Posted-In: Sterne Agee GroupAnalyst Color Reiteration Analyst Ratings

 

Related Articles (UAL)

View Comments and Join the Discussion!