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)
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