0746 GMT - Investor sentiment regarding Airbus in the coming quarters should revolve around the European plane maker's ramp-up challenges and the integration of the aerostructures business, Jefferies analyst Chloe Lemarie says in a research note. Jefferies cuts its rating on the stock to hold from buy and trims its price target to 180 euros from 190 euros, saying it is waiting for greater tailwinds from the company's production ramp-up. A lack of share buyback implies less support for shares, Lemarie says. Jefferies expects consensus estimates will be trimmed over the next month and that shares will be put under pressure due to its plane deliveries. (pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
February 21, 2025 02:46 ET (07:46 GMT)
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