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Morgan Stanley Remains a Buy on Deutsche Lufthansa (0H4A)

Tipranks - Tipranks - Tue Jan 20, 7:28PM CST

Morgan Stanley analyst Axel Stasse maintained a Buy rating on Deutsche Lufthansa yesterday and set a price target of €9.40.

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According to TipRanks, Stasse is an analyst with an average return of -7.1% and a 28.00% success rate. Stasse covers the Industrials sector, focusing on stocks such as Deutsche Lufthansa, EasyJet, and Wizz Air Holdings.

In addition to Morgan Stanley, Deutsche Lufthansa also received a Buy from Kepler Capital ‘s Marc Zeck in a report issued on January 13. However, on January 16, Bernstein maintained a Hold rating on Deutsche Lufthansa (LSE: 0H4A).

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Based on Deutsche Lufthansa’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €11.2 billion and a net profit of €966 million. In comparison, last year the company earned a revenue of €10.74 billion and had a net profit of €1.1 billion

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