Airbus shares topped the CAC 40 index on Tuesday morning on the Paris Bourse, with RBC upgrading its recommendation for the stock from 'in-line performance' to 'outperform'.

Shortly after 10:00 a.m., the European aerospace giant's shares gained 1.4% in sustained trading volumes, almost equivalent to those of TotalEnergies.

In a note published at the start of the morning, RBC believes that it is time to take another look at the stock in view of the favorable production momentum currently enjoyed by the aircraft manufacturer, and its market share gains.

We believe that the recent positive shift in market sentiment can be sustained by continued market share gains in single-aisle aircraft and increased investor confidence in the company's 2025 targets", explains the Canadian broker.

The broker expects the group's cash flow to reach 16 billion euros next year, sufficient to propose significant cash redistributions to shareholders.

Its price target has therefore been raised from 145 to 192 euros.

Airbus also announced this morning that it had ended discussions with Atos regarding the possible acquisition of BDS, the French technology group's data analysis and cybersecurity subsidiary.

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