Morgan Stanley double upgraded Lufthansa (DLAKY) to Overweight from Underweight with a price target of EUR 9.30, up from EUR 5.40. The firm says the company’s turnaround program can drive 20% annual EBITDA growth through 2027.
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Read More on DLAKY:
- 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
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