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United Continental Climbs as Goldman Forecasts Second-Half Rebound

Tony Owusu

United shares were rising 0.86% to $82.55 Thursday after Goldman upgraded the stock to buy from neutral and maintaining its $108 price target. "Given [United]'s share price decline since we initiated in November 2018, it now has one of the highest levels of upside potential to our price target in our coverage universe," said Goldman in a note to clients. The firm downgraded Spirit to neutral from buy.