CSFB Downgrades Ryanair To 'Underperform'
Credit Suisse First Boston yesterday downgraded Ryanair from "outperform" to "underperform," after the company warned its net profits might be 10% below original forecasts (DAILY, Jan. 29). CSFB also reduced its earnings estimates for Ryanair by 18% in 2004 and 35% in 2005. "We feel that confidence...
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