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Merrill raises ratings on airlines
Reuters <http://money.excite.com/img/logo_reuters.gif>
Friday May 2, 11:58 AM EDT
NEW YORK, May 2 (Reuters) - Merrill Lynch said on Friday it raised the
ratings on several airlines, saying the worst may be over for the
industry.
Ratings on Frontier Airlines Inc. (FRNT
<http://money.excite.com/jsp/qt/full.jsp?time=0&symbol_search_text=FRNT>
), Alaska Air Group Inc. (ALK
<http://money.excite.com/jsp/qt/full.jsp?time=0&symbol_search_text=ALK>
), Continental Airlines Inc. (CAL
<http://money.excite.com/jsp/qt/full.jsp?time=0&symbol_search_text=CAL>
), Delta Air Lines Inc. (DAL
<http://money.excite.com/jsp/qt/full.jsp?time=0&symbol_search_text=DAL>
) and Northwest Airlines Corp. (NWAC
<http://money.excite.com/jsp/qt/full.jsp?time=0&symbol_search_text=NWAC>
) were raised to "buy" from "neutral."
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