Barclays upgrades five European airlines on lower fuel prices
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Barclays upgraded five European airlines, citing a drop in spot and forward fuel prices since the U.S. midterm elections that it said suggests the market sees a higher probability of easing tensions in the Middle East. Still guessing which stocks will beat the…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishLower spot and forward fuel prices improve the outlook for European airlines.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Barclays upgraded five European airlines.
- 02Air France-KLM moves to Overweight from Underweight.
- 03Its models do not assume the reopening of the Strait of Hormuz.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Air France-KLM S.A.13.46 EUR+0.71%today +6.53%Positive Ryanair Holdings plc58.53 USDMarket closedtoday -0.88%Positive Deutsche Lufthansa AG8.36 EUR+0.43%today +2.05%Positive Norwegian Air Shuttle ASA12.86 NOK+0.08%today +2.96%Positive Finnair Oyj4.87 EUR-0.04%today +7.32%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets