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Vetr Crowd Re-Accommodates United to Sell

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The Vetr crowd on Wednesday downgraded their rating for United Continental Holdings Inc (NYSE: UAL) from 4.5 stars (Strong Buy), issued 34 days ago, to 2 stars (Sell). However, Crowd sentiment at the time of the downgrade was edging positive with 55 percent of Vetr user ratings bullish.

The commercial airliner has had a tough couple of days following the release of a video that showed a man being physically dragged from a United plane after the company had overbooked the flight. Despite the pervasiveness of the video and the outcry it has generated, United's stock has remained resilient to the bad press ending the day the video was released less than a percent lower than its previous close prior to the video. By 2 p.m. ET Wednesday, the stock was still steady at the $70.60 level.

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Currently, the Vetr crowd's average target price for United is down at $63.55, which is below the average analyst target price of $67.59. Less than 2 percent of Vetr users are holding UAL in their watch lists

Latest Ratings for UAL

DateFirmActionFromTo
Oct 2017Bank of AmericaMaintainsBuy
Sep 2017MacquarieInitiates Coverage OnNeutral
Sep 2017Raymond JamesDowngradesOutperformMarket Perform

View More Analyst Ratings for UAL
View the Latest Analyst Ratings

Posted-In: VetrDowngrades Price Target Crowdsourcing Analyst Ratings General

 

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