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Fly News Breaks for September 11, 2019
CEA
Sep 11, 2019 | 14:22 EDT
Before the open, Bernstein analyst Cherry Leung downgraded China Eastern Airlines to Market Perform from Outperform, citing the view that the company will likely face higher yield pressure, especially domestically, due to sluggish growth in business travel. The analyst adjusted the price target on the stock to HKD 4.54.
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