Lufthansa price target raised to EUR 6.60 from EUR 5.80 at Jefferies

Jefferies analyst Jaina Mistry raised the firm’s price target on Lufthansa (DLAKY) to EUR 6.60 from EUR 5.80 and keeps a Hold rating on the shares. The firm believes Q2 will be a “mixed quarter, with incrementally softer RASK partly offset by growth in the logistics/MRO businesses,” and is staying on the sidelines