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Airbus downgraded to Hold from Buy at Deutsche Bank
The Fly

Airbus downgraded to Hold from Buy at Deutsche Bank

Deutsche Bank analyst Christophe Menard downgraded Airbus to Hold from Buy with a price target of EUR 120, down from EUR 130. The analyst says persistent supply chain issues will continue to be a drag on Airbus and Boeing deliveries in 2023, "compromising an already challenging ramp-up." Airbus needs to "rebase delivery expectations once and for all in order to clear current investor concern," writes the firm.

Published first on TheFly

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