FRANKFURT (dpa-AFX) - Deutsche Bank Research upgraded Tui from "hold" to "buy" and adjusted its price target of 9.80 euros to reflect the recent capital increase. The tourism group has seen a strong operating recovery in recent months following the covid crisis, analyst Andre Juillard wrote in a research note presented Monday. This recovery is expected to continue in the particularly profitable second half of the fiscal year (April to September). Therefore, the expert raised his forecasts for the operating business./edh/gl

Publication of the original study: 05.06.2023 / Time not specified in study / CET First disclosure of the original study: 05.06.2023 / 07:22 / CET

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