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Lufthansa price target lowered to EUR 5.80 from EUR 6.40 at Jefferies

Jefferies analyst Jaina Mistry lowered the firm’s price target on Lufthansa (DLAKY) to EUR 5.80 from EUR 6.40 and keeps a Hold rating on the shares as part of a Q1 preview. The firm factored softer demand into its estimates, but says the company’s Q1 should be a good quarter on easy compares and strength in the logistics business.

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