19-Oct-2010 3:01 PM
Lufthansa and Air France-KLM lift on analyst comments
Analysis
Lufthansa (+3.5%) made a strong gain on Monday (18-Oct-2010) after Citigroup stated underlying 3Q2010 results for European carriers may quadruple, while net income may increase fivefold. WestLB also raised its price target for the carrier's shares from EUR14.60 to EUR16.80, keeping it at an "add" rating.
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