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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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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