Jefferies upgraded Corporate Travel Management to Buy from Hold with a price target of A$16, down from A$17.50. The firm cut its FY25-26 EPS estimates “materially” following analysis of global business travel sector activity levels and on-the-ground observations from a recent U.S. trip, but raised its rating on the stock following material underperformance of the stock.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CTMLF: