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(AFX UK Focus) 2009-11-04 06:58
BRIEF-RESEARCH ALERT-UBS upgrades British Airways, AIR France KLM
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Nov 4 (Reuters) - European Airlines:

  • UBS RAISES BRITISH AIRWAYS TO BUY FROM NEUTRAL

  • UBS RAISES AIR FRANCE KLM TO NEUTRAL FROM SELL

  • UBS RAISES AIR FRANCE KLM BRITISH AIRWAYS ON VALUATION AND
    to some extent near term stock specific catalysts

  • UBS CUTS LUFTHANSA PRICE TARGET TO 14.5 EUR FROM 16 EUR

  • UBS CUTS IBERIA PRICE TARGET TO 2.10 EUR FROM 2.50 EUR (Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780)

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