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Fly News Breaks for September 20, 2017
UAL
Sep 20, 2017 | 06:37 EDT
Raymond James analyst Savanthi Syth downgraded United Continental to Market Perform from Outperform saying an improvement in relative profitability versus legacy peers is likely to take longer than previously expected. He expects unit revenue and earnings underperformance to weigh on shares in the medium term and lowered estimates to reflect the aggressive pricing environment and negative impact from hurricane Harvey.
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