Jefferies raised the firm’s price target on Amadeus IT Group to EUR 75 from EUR 73 and keeps a Buy rating on the shares. Some profit taking is “arguably inevitable” post the Q2 results, but Amadeus remains one of the better positioned companies in the sector to sustain premium growth, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AMADY:
- Amadeus (OTC) (AMADY) Q2 Earnings Cheat Sheet
- Amadeus IT Group upgraded to Outperform from Neutral at Exane BNP Paribas
- Amadeus IT Group price target raised to EUR 75 from EUR 70 at Barclays
- Jefferies software/IT services analyst to hold analyst/industry conference call
- Amadeus IT Group price target raised to EUR 80 from EUR 72 at JPMorgan