Airbus price target lowered to EUR 155 from EUR 190 at Jefferies

Jefferies analyst Chloe Lemarie lowered the firm’s price target on Airbus to EUR 155 from EUR 190 and keeps a Buy rating on the shares following the company’s “surprise guide cut” on Monday, which led to a significant drop in the stock price. While Jefferies sees this as a setback, the firm still sees “the mid-term as value enough” to maintain the Buy rating.