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United Airlines Rises, JPMorgan Chase Drops, Boston Scientific Falls as Management Calls Out Challenges
Description
On this episode of Stock Movers:
- United Airlines (UAL) shares rise. TD Cowen analyst Thomas Fitzgerald raised the target on United Airlines Holdings Inc. to $150 from $142. Maintains buy rating. Investors who followed Fitzgerald's recommendation received a 42% return in the past year, the same as the company's performance.
- JPMorgan Chase (JPM) shares drop. JPMorgan Chase & Co. will probably spend about $1 billion more this year than executives expected just last month, according to Chief Executive Officer Jamie Dimon.
- Boston Scientific (BSX) shares slide as much as 11%, most intraday since March 30, after the company’s CEO mentioned potential near term challenges in its presentation at an industry conference.
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