easyJet: price target raised at UBS


(CercleFinance.com) – UBS reiterates its ‘buy’ recommendation on easyJet with a price target raised from 820 to 850 pence, a new target which offers 52% upside potential for the British low-cost airline’s shares .

‘Despite the recent increase in the price of kerosene, we consider the activity point of April 18 as a likely powerful catalyst for the stock and the outlook for results,’ judges the broker, who still sees upside potential for the company’s profits. 2024.

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