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Airbus: UBS reduces target price

(CercleFinance.com) - While maintaining its 'neutral' recommendation on Airbus, UBS has reduced its target price from E151 to E145, a new target which still implies a 11% upside potential in the aircraft manufacturer's share price.


With high debt levels, many suppliers are focusing strongly on cash flow generation. They are also improving their contracts with strategic partners, emphasizes the broker in the summary of its note.


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