United expects low airfares and wage hikes will squeeze profit
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Imperial Capital Raises Price Target on United Airlines (UAL) to $65 Following 3Q Report
October 18, 2016 2:51 PM EDTImperial Capital reiterated an Outperform rating on United Continental (NYSE: UAL), and raised the price target to $65.00 (from $63.00), following the company's 3Q earnings report. Imperial has cut 4Q EPS estimates to $1.10 from $1.40, as well as 2016 estimates to $8.00 from $8.27. The estimates have been... More
