1025 GMT - Singapore Airlines is seeing a more stable yield environment, Citi Research analyst Kaseedit Choonnawat writes in a note after meeting the company's management. The carrier's outlook is more encouraging compared with the slow downward path expected before, with strong overall demand and a stable premium mix, Choonnawat says. Citi raises its FY26-28 earnings estimates for Singapore Airlines slightly, and lifts its target price for the stock to S$6.28 from S$5.98. However, it retains a sell rating primarily due to valuation, as the share price appears too pricey. Shares closed at S$6.85. (kimberley.kao@wsj.com)
(END) Dow Jones Newswires
February 11, 2026 05:25 ET (10:25 GMT)
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