Solvay upgraded to Hold from Sell at Deutsche Bank. Deutsche Bank analyst Virginie Boucher-Ferte upgraded Solvay to Hold with an unchanged price target of EUR 105 following the company's nine month results. The analyst believes the stock is trading at fair value.
Almost 100 Belgian companies called on Lufthansa (DLAKY) to keep Brussels Airlines based in Belgium and not to combine it with Eurowings, Reuters reports. The calls come after Lufthansa appointed a new CEO and COO at the airline, the report notes. Executives at Belgian companies such as Solvay (SOLVY) and AB InBev (BUD) said in an open letter that the connectivity offered by Brussels Airlines was strategically important for the country and its ability to export goods and services, the report notes. Reference Link