Airbus price target raised, named ‘Top Pick’ in EU aerospace at Morgan Stanley

Morgan Stanley analyst Ross Law raised the firm’s price target on Airbus (EADSY) to EUR 200 from EUR 160 and keeps an Overweight rating on the shares and named it the firm’s new “Top Pick” in the European aerospace group. While supply chain issues continue and the firm does not see 2025 being the “great unlock” of the ramp up, it is seeing green shoots of improvement that it thinks should support better execution going forward, the analyst tells investors.