NEW YORK (dpa-AFX Broker) - The US bank JPMorgan has reduced its price target for Lufthansa from 6.90 to 5.80 euros after lowering its annual targets and left its rating at "Underweight". Despite the recent weak share price performance of Lufthansa and Air-France KLM compared to IAG, he remains more positive on IAG, analyst Harry Gowers wrote in an industry report published on Monday. The market's earnings expectations for 2024 for IAG have room for improvement, while there are risks with regard to Air-France KLM and Lufthansa has just lowered its annual outlook./mis/ajx

Publication of the original study: 22.04.2024 / 00:49 / BST

First dissemination of the original study: 22.04.2024 / 01:29 / BST

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