Airbus Is Better Positioned for the New Year -- Market Talk

Dow Jones12-17

0806 GMT - Airbus is better positioned for 2025, now that delivery expectations are reset to conservative levels, Deutsche Bank Research analyst Christophe Menard says in a research note. The aircraft maker also promises a 2024 performance more closely aligned with the revised June guidance, Menard says. Deutsche Bank Research raises its rating for the stock to buy from hold, with a price target upgrade to 185 euros from 155 euros. The upgrade is driven by Airbus's relative affordability, the analyst says. Shares are 1.5% higher at 160.36 euros. (nina.kienle@wsj.com)

 

(END) Dow Jones Newswires

December 17, 2024 03:07 ET (08:07 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment