United Continental shares forecast downgraded

Analysts have revised their share forecasts for United Continental. Imperial Capital cut their forecast to “In-Line”, or “Neutral” from “Outperform,” and lowered its target price for the shares within one year from $55 to $47. Analysts report United is struggling to make the 2010 merger of United and Continental profitable. While American and Delta posted first-quarter profits, United has reported losses of $609 million.