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Fly News Breaks for June 19, 2019
ESYJY
Jun 19, 2019 | 05:02 EDT
HSBC analyst Andrew Lobbenberg downgraded easyJet to Reduce from Hold and lowered his price target for the shares to 8 pounds from 11 pounds. The analyst believes long-haul and corporate travel demand trends will follow the already visible weakness in European short-haul. He sees more profit warnings ahead in the airline space.
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