25-Oct-2006 9:36 AM
BROKER CALL - Hong Kong's Cathay Pacific cut to 'hold' from 'buy' - Citigroup
Analysis
Hong Kong (XFNews-ASIA) - Citigroup said it has cut its recommendation on Cathay Pacific Airways Ltd to "hold" from "buy", given the airline's "disappointing" operating results for September and a lack of near-term catalysts to warrant a further upside for the stock.
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