Market Overview

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

Share:
Related UAL
Airline Stocks Are Trending Lower After American Airlines Earnings
4 Stocks That Could Be Hurt By 'Winter Storm Juno'
Airline Stock Roundup: Earnings Dominate Headlines; American Airlines and Southwest Beat Estimates - Analyst Blog (Zacks)

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
Jan 2015Deutsche BankMaintainsBuy
Jan 2015Stifel NicolausMaintainsBuy
Jan 2015BarclaysMaintainsOverweight

View More Analyst Ratings for UAL
View the Latest Analyst Ratings

Posted-In: Sterne Agee GroupAnalyst Color Reiteration Analyst Ratings

 

Related Articles (UAL)

Around the Web, We're Loving...

Get Benzinga's Newsletters