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Fly News Breaks for September 18, 2019
RYAAY
Sep 18, 2019 | 12:53 EDT
Morgan Stanley analyst Carolina Dores assumed coverage of Ryanair with an Underweight rating and EUR8 price target. While she does not question Ryanair's business model is "best in class in Europe," competition, the weak environment and cost pressures have been weighing on profits and returns, which she expects to continue.
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