Airbus: UBS lowers target price

(CercleFinance.com) - UBS believes that Q3 forecasts could now be reduced.


The analyst confirms his Neutral recommendation on the stock, but lowers its target price to E140 (from E150), which still represents 11% upside potential.

The market is increasingly expecting a further reduction in Q3 delivery forecasts: we share this view, UBS says.

In the first eight months of 2024, the aircraft manufacturer reported 447 aircraft deliveries to 75 customers, up from 433 in the same period of 2023.


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