Flughafen Zuerich price target raised to EUR 245 from EUR 220 at Citi

Citi analyst Sathish Sivakumar raised the firm’s price target on Flughafen Zuerich (UZAPF) to EUR 245 from EUR 220 and keeps a Buy rating on the shares. The firm believes European airports with tariff and regulatory stability will outperform in 2025 as it expects traffic growth will start to moderate. In 2025, the supply challenges will peak, constraining the capacity growth, the analyst tells investors in a research note. Citi’s top pick is Fraport, citing its “clear runway” on tariffs. The firm added Fraport to its European Focus list