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IAG upgraded to Buy from Hold at Stifel

Stifel upgraded IAG (ICAGY) to Buy from Hold with a price target of EUR 5, up from EUR 2.50. The company’s 2025 will be hallmarked by pricing strength, as IAG faces the most attractive summer capacity backdrop of the sector with only 1.5% seat growth on its routes, the analyst tells investors in a research note.

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