Lufthansa Downgraded, As Losses Mount
Lufthansa's first quarter operating loss will be in the range of EUR300 million (US$321 million), according to HypoVereinsbank airline analyst Uwe Weinreich, who downgraded the airline's stock from buy to underperform and revised the price target from EUR16.50 to EUR9.50. Lufthansa's shares traded...
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