UBS lowered the firm’s price target on Global Business Travel (GBTG) to $10 from $11 and keeps a Buy rating on the shares. Global Business Travel called out that slower-than-anticipated growth in January/February has persisted into March/April, with clients in higher-tariff-exposed sectors slowing activity, the analyst tells investors in a research note. UBS assumes cyclical headwinds will persist throughout 2026 before a general recovery in 2027.
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- Global Business Travel Group: Hold Rating Amidst Mixed Financial Performance and Economic Slowdown
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