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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

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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.

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