Barclays Maintains an 'Overweight' on United Continental (UAL); Raising Q1
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Price: $125.34 -0.8%
Rating Summary:
27 Buy, 8 Hold, 0 Sell
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Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
27 Buy, 8 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Barclays maintains an 'Overweight' on United Continental (NYSE: UAL) price target of $30.00.
Analyst, David E. Fintzen, said, "UAL's investor update released last evening points to a ~$1.35 loss in 1Q, better than our ($1.48) but a miss to consensus of ($0.82). PRASM guidance of +4-5% is certainly disappointing relative to our ~8.5% expectation prior to February traffic, but very much in-line with our recently muted expectation of +4.4% growth."
Fintzen revises Q1 loss from (1.48) to (1.34)
For an analyst ratings summary and ratings history on United Continental click here. For more ratings news on United Continental click here.
Shares of United Continental closed at $22.34 yesterday.
Analyst, David E. Fintzen, said, "UAL's investor update released last evening points to a ~$1.35 loss in 1Q, better than our ($1.48) but a miss to consensus of ($0.82). PRASM guidance of +4-5% is certainly disappointing relative to our ~8.5% expectation prior to February traffic, but very much in-line with our recently muted expectation of +4.4% growth."
Fintzen revises Q1 loss from (1.48) to (1.34)
For an analyst ratings summary and ratings history on United Continental click here. For more ratings news on United Continental click here.
Shares of United Continental closed at $22.34 yesterday.
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