Jefferies analyst Chloe Lemarie downgraded Airbus (EADSY) to Hold from Buy with a price target of EUR 180, down from EUR 190. Following the company’s “solid” Q4, barring the new D&S charge, sentiment in the next quarters should be dominated by ramp-up challenges and the integration of aerostructures business, the analyst tells investors in a research note. Jefferies adds that the lack of share buyback announcement also implies less support for the shares over that period.
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