Flight Centre Bull Likes Improved Landscape in Corporate Travel -- Market Talk

Dow Jones01-19

2218 GMT - Morgan Stanley retains an overweight call on Flight Centre and lifts its price target by 7.1% to A$16.50/share, identifying good-news areas that investors could be overlooking. Analyst James Bales says the competitive landscape in corporate travel has become more attractive. MS sees scope for Flight Centre's new business to materially exceed expectations. "Specifically, we note the merger of GBT/CWT in September 2025 is likely to shift competitor attention towards integration and away from chasing new business," MS says. Another potential tailwind: Corporate Travel Management's audit issues could hurt its ability to convert its pipeline of opportunities. MS is also upbeat about Flight Centre demonstrating structurally higher margins. Flight Centre ended last week at A$15.69. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

January 18, 2026 17:18 ET (22:18 GMT)

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MS sees scope for Flight Centre's new business to materially exceed expectations. \"Specifically, we note the merger of GBT/CWT in September 2025 is likely to shift competitor attention towards integration and away from chasing new business,\" MS says. Another potential tailwind: <a href=\"https://laohu8.com/S/CTD.AU\">Corporate Travel Management</a>'s audit issues could hurt its ability to convert its pipeline of opportunities. MS is also upbeat about Flight Centre demonstrating structurally higher margins. Flight Centre ended last week at A$15.69. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 18, 2026 17:18 ET (22:18 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Flight Centre Bull Likes Improved Landscape in Corporate Travel -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFlight Centre Bull Likes Improved Landscape in Corporate Travel -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-01-19 06:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2218 GMT - Morgan Stanley retains an overweight call on Flight Centre and lifts its price target by 7.1% to A$16.50/share, identifying good-news areas that investors could be overlooking. Analyst James Bales says the competitive landscape in corporate travel has become more attractive. MS sees scope for Flight Centre's new business to materially exceed expectations. \"Specifically, we note the merger of GBT/CWT in September 2025 is likely to shift competitor attention towards integration and away from chasing new business,\" MS says. Another potential tailwind: <a href=\"https://laohu8.com/S/CTD.AU\">Corporate Travel Management</a>'s audit issues could hurt its ability to convert its pipeline of opportunities. MS is also upbeat about Flight Centre demonstrating structurally higher margins. Flight Centre ended last week at A$15.69. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 18, 2026 17:18 ET (22:18 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1732800096.USD","symbol_name":"摩根大通环球收益基金A (irc)","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2604977682","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2604977682","pubTimestamp":1768774680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2218 GMT - Morgan Stanley retains an overweight call on Flight Centre and lifts its price target by 7.1% to A$16.50/share, identifying good-news areas that investors could be overlooking. 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Analyst James Bales says the competitive landscape in corporate travel has become more attractive. MS sees scope for Flight Centre's new business to materially exceed expectations. \"Specifically, we note the merger of GBT/CWT in September 2025 is likely to shift competitor attention towards integration and away from chasing new business,\" MS says. Another potential tailwind: Corporate Travel Management's audit issues could hurt its ability to convert its pipeline of opportunities. MS is also upbeat about Flight Centre demonstrating structurally higher margins. Flight Centre ended last week at A$15.69. 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