Airlines: United and Spirit Really Are to Blame

Sometimes one downgrade impacts an entire industry, but sometimes the market actually seems capable of differentiating between different stocks. That’s the case today with JPMorgan’s upgrade of Southwest Airlines (LUV), and downgrades of United Continental (UAL) and Spirit Airlines (SAVE), changes that were made in the context of the entire industry. Getty Images In the […]
Source: Barrons

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