Morgan Stanley analyst Josh Baer lowered the firm’s price target on Sabre (SABR) to $2.25 from $3.50 and keeps an Equal Weight rating on the shares. The company reported a Q2 miss and reduced outlook, which surprised the market since the prior guidance came just 90 days ago, the analyst tells investors in a research note. The firm believes believes Sabre must rebuild credibility with investors.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SABR:
- Sabre Corp Reports Q2 2025 Earnings and Strategic Moves
- Apple invests extra $100B in U.S., Trump wants Intel CEO to resign: Morning Buzz
- Sabre sees sees Q3 revenue growth in low to mid-single digits
- Sabre sees sees FY25 revenue growth flat to low-single digits
- Sabre reports Q2 adjusted EPS (2c), consensus (0c)