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Airbus price target lowered to EUR 230 from EUR 235 at Jefferies

Jefferies analyst Chloe Lemarie lowered the firm’s price target on Airbus (EADSY) to EUR 230 from EUR 235 and keeps a Buy rating on the shares after Airbus lowered its 2025 delivery guidance following the discovery of a quality issue with one supplier providing external skin panels. Airbus trimming its guidance to 790 deliveries, but maintaining its adjusted EBIT guide of about EUR 7B and free cash flow guidance of about EUR 4.5B is positive on operating leverage, but leads the firm to trim its price target the analyst noted.

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