UPDATE: Credit Suisse Reiterates Outperform Rating, Raises PT on United Continental Holdings on Minor Model/Price Adjustments

In a report published Tuesday, Credit Suisse analyst Julie Yates reiterated an Outperform rating on

, and raised the price target from $71.00 to $79.00. In the report, Credit Suisse noted, “After minor model maintenance and aligning our jet fuel price assumptions across our coverage, we are updating estimates and target prices for UAL, AAL and LUV. Our TP for UAL rises to $79 (from $71), for AAL to $58 (from $56) and for LUV to $45 (from $43).” United Continental Holdings closed on Monday at $59.69.