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IAG flies higher after double upgrade to 'overweight' by JPMorgan

By Michele Maatouk

Date: Wednesday 06 Mar 2024

(Sharecast News) - BA and Iberia owner IAG flew higher on Wednesday as JPMorgan Cazenove double upgraded the shares to 'overweight' from 'underweight' and lifted the price target to €2.50 from €1.45.
JPM said that previously, it had concerns that high capacity growth in 2024 would lead to pricing and earnings...

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