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Fly News Breaks for October 18, 2018
UAL
Oct 18, 2018 | 05:10 EDT
Imperial Capital analyst Michael Derchin raised his price target for United Continental Holdings to $101 citing the company's better than expected outlook following its Q3 results. The better outlook is largely driven by healthy bookings across the majority of its network, a positive read through for the industry, as well as improving business fares and strong demand for premium products, Derchin tells investors in a research note. The analyst, however, believes this outlook is largely priced into the shares and he keeps an In-Line rating on United Continental.
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