FRANKFURT (dpa-AFX) - Deutsche Bank Research has downgraded Lufthansa from "Buy" to "Hold" and lowered its price target from 11.00 to 8.80 euros. The airline has had a difficult start to 2024, analyst Jaime Rowbotham wrote in a study published on Wednesday. At the presentation of the annual figures at the beginning of March, the airline discussed a continuation of the weaker trend in average revenue per unit of service from the final quarter in the first quarter of the year. The strikes and their impact on short-term bookings are unlikely to have helped in this respect./mis/gl

Publication of the original study: / Time not specified in study / CET First publication of the original study: 27.03.2024 / 07:57 / CET

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