NEW YORK (dpa-AFX Broker) - The US bank JPMorgan has lowered its target price for Lufthansa from 7.00 to 6.90 euros and left its rating at "Underweight". Despite the recent poorer share price performance of network airlines compared to low-cost carriers, he remains negative on Air France-KLM, IAG and Lufthansa, analyst Harry Gowers wrote in an industry report published on Monday. He fears that the capacity expansion could lead to a decline in yields against the backdrop of weaker economic growth./edh/mis

Publication of the original study: 22.01.2024 / 01:20 / GMT

First dissemination of the original study: 22.01.2024 / 01:20 / GMT

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