Airbus price target raised to EUR 240 from EUR 220 at RBC Capital

RBC Capital raised the firm’s price target on Airbus (EADSY) to EUR 240 from EUR 220 and keeps an Outperform rating on the shares. The company reported better than expected Q3 results, with total revenues up 14% and adjusted EBIT margins of 10.9%, the analyst tells investors in a research note. Airbus free cash flow was also ahead of consensus, and the company maintained its 2025 guidance, which now reflects EUR150M in tariff costs, the firm added.