Shares of United Continental Holdings Inc UAL, Virgin America Inc VA and Allegiant Travel Company ALGT traded higher Thursday following upgrades from Bank of America.
United Continental was upgraded from Underperform to Neutral and recently traded at $65.45, up 2.19 percent.
Virgin America was upgraded from Neutral to Buy and recently traded at $39.81, up 1.38 percent.
Allegiant Travel was upgraded from Neutral to Buy and recently traded at $158.42, up 1.51 percent.
Related Link: Airlines that could benefit from low oil prices.
Airline stocks were mixed overall but Hawaiian Holdings, Inc. HA was showing signs of strength, trading 1.18 percent higher at $24.07.
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