Stifel upgraded Lufthansa to Buy from Hold with a EUR 13 price target. The European aviation ecosystem is still experiencing severe structural bottlenecks, which "should be a boon for sector profits," the analyst tells investors in a research note. Strong travel demand, capacity discipline and elevated pricing should make the elevated profits sustainable, the analyst tells investors in a research note.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on DLAKY:
- Lufthansa upgraded to Buy from Hold at Deutsche Bank
- Lufthansa upgraded to Buy from Neutral at UBS
- Lufthansa price target raised to EUR 16.50 from EUR 14.80 at Barclays
- Lufthansa price target raised to EUR 7.20 from EUR 6.30 at Morgan Stanley
- Lufthansa price target raised to EUR 14.50 from EUR 10.70 at JPMorgan
