Deutsche Bank Downgrades United Continental (UAL) to Hold

Deutsche Bank downgraded United Continental (NYSE: UAL) from Buy to Hold with a price target of $74.00 (from $81.00).

Analyst Mike Linenberg cites headline risk and a lack of NT catalysts for the downgrade. He would prefer Southwest Airlines (NYSE: LUV), Spirit Airlines (NASDAQ: SAVE), Alaska Air Group (NYSE: ALK) and JetBlue Airways (NASDAQ: JBLU) in that order.

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 $70.92 yesterday.

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