Airbus price target raised to EUR 235 from EUR 225 at Jefferies

Jefferies raised the firm’s price target on Airbus (EADSY) to EUR 235 from EUR 225 and keeps a Buy rating on the shares. Q3 results came in with a solid 10% beat versus consensus, and the FY guide was reiterated and now includes a EUR100M-EUR200M headwind, the analyst tells investors in a research note. The firm added, however, that it is confident that Q4 should benefit from stronger volume tailwinds than implied in the guide if the 820 delivery target is met.