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Fly News Breaks for February 25, 2020
UAL
Feb 25, 2020 | 07:17 EDT
BofA analyst Andrew Didora noted that United Airlines made the "unexpected move" of pulling its 2020 guidance and gave 2022 financial targets ahead of its investor day coming on March 5. Following the announcements, Didora lowered his 2020 EPS estimate to $11.50 from $12.99 to account for the Asia weakness, but he reiterated his Buy rating, stating that United Airlines' long-term opportunity remains and he continues to view it as "one of the best multi-year EPS growth stories in airlines."
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