tiprankstipranks
Trainline upgraded to Buy from Neutral at UBS
The Fly

Trainline upgraded to Buy from Neutral at UBS

UBS analyst Ivar Billfalk-Kelly upgraded Trainline (TNLIF) to Buy from Neutral with a price target of 480 GBp, down from 490 GBp. The impact on Trainline’s revenue base from government ticketing plans likely limited, says UBS, which cites the company’s strong earnings growth and cash generation for the upgrade.

Invest with Confidence:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App