Barclays analyst Andrew Lobbenberg downgraded Lufthansa (DLAKY) to Underweight from Equal Weight with a price target of EUR 7.80, up from EUR 7.70. The firm says the “current optimism” for Europe’s flag carriers “looks excessive.”
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Read More on DLAKY:
- Lufthansa upgraded to Overweight from Underweight at Morgan Stanley
- Lufthansa price target raised to EUR 8 from EUR 7.50 at JPMorgan
- Lufthansa upgraded to Buy from Hold at Kepler Cheuvreux
- Lufthansa price target raised to EUR 8.30 from EUR 7.30 at Citi
- Lufthansa upgraded to Neutral from Underweight at JPMorgan
