Stifel downgraded Lufthansa to Sell from Hold with a price target of EUR 4.50, down from EUR 7. The analyst says Lufthansa’s issues “are complex” and there is too much inefficient capacity growth despite yield weakness.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DLAKY:
- Lufthansa downgraded to Underweight from Equal Weight at Morgan Stanley
- Lufthansa’s acquistion of ITA Airways stake gets conditional EU approval
- Lufthansa price target lowered to EUR 8 from EUR 9 at Barclays
- Lufthansa price target lowered to EUR 7.50 from EUR 8 at RBC Capital
- Lufthansa downgraded to Hold from Buy at Stifel