FRANKFURT (dpa-AFX Broker) - Deutsche Bank Research raised its price target for Lufthansa to 10.50 euros from 9.00 euros, but left its rating at "hold." Since mid-December, shares in European airlines have risen much more than the broad market; now a much better year is priced in than he previously expected, analyst Jaime Rowbotham wrote in an industry report available Tuesday. He factored in the improved operating environment and the upcoming numbers for the past quarter with his updated estimates and price targets. In the short term, Rowbotham also expects higher ticket prices. His favorite stock remains Ryanair, with Easyjet at the bottom of his rankings./gl/ajx

Publication of original study: 24.01.2023 / time not specified in study / GMT First disclosure of original study: 24.01.2023 / 04:31 / GMT

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