Airbus: UBS still a buyer after production update

(CercleFinance.com) - UBS reinstates its "buy" rating on the Airbus share, while also maintaining its target price of 125 euros, meaning upside potential of 35%, after the aircraft maker's update on production rates of the A320neo.


The analyst summarises that the "latest release on production rates adds more visibility, de-risking the outlook into 2021 given the slower start to the year".


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