Barclays double downgraded Lufthansa (DLAKY) to Underweight from Overweight with a price target of EUR 6.50, down from EUR 10.50. U.S. airlines say recent profit warnings are domestic only, but this will spread as “macro tensions also threaten demand,” the analyst tells investors in a research note. The firm says European airlines are highly reliant on North Atlantic profitability.
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Read More on DLAKY:
- Lufthansa price target raised to EUR 7.50 from EUR 7 at RBC Capital
- Lufthansa price target raised to EUR 6.75 from EUR 6 at Morgan Stanley
- Deutsche Lufthansa: Strong Financial Performance Amidst Operational Challenges and Macroeconomic Risks – Hold Rating Maintained
- Lufthansa’s Earnings Call: Mixed Sentiments with Strategic Wins
- Lufthansa price target raised to EUR 5.50 from EUR 5 at JPMorgan
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