SUBSCRIBERS
Jefferies Equity upgrades Cathay Pacific to a 'buy'
It also raises its price target on the airline to HK$8.70 from HK$6.30 previously
Published Thu, Nov 19, 2020 · 09:50 PM
Singapore
JEFFERIES Equity Research has upgraded its rating on Cathay Pacific Airways to "buy" from "hold", while raising its price target to HK$8.70 from HK$6.30 previously.
The stock closed at HK$7.36 on Thursday, up HK$0.34 or 4.84 per cent.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Morgan Stanley, Frasers settle UK lawsuit over US$1 billion margin call
Venture posts lower Q1 net profit of S$60.1 million on weaker demand
YHI International COO and subsidiary charged with alleged failure to ensure employee safety, causing death
India's markets regulator puts seven Adani companies on notice for violations
Singapore stocks end week in red; STI down 0.1%
UK's FTSE 100 hits record highs on Anglo-American boost