ubs upgrades easyjet to buy with target price of 800 pence

Easyjet has been upgraded to a 'Buy' rating by UBS, with a target price of 800 pence.

Analyst Jarrod Castle mentioned that while revenue met expectations and aligned with consensus estimates, the pre-tax earnings of the low-cost carrier fell slightly short of projections.

Easyjet's stock is currently trading at €6.52, showing a 1.40% increase from the previous day. The shares have experienced fluctuations across different trading venues, with the highest price recorded at €16.90 and the lowest at €4.65. The trading activity indicates a mixed performance, with some exchanges reporting gains while others show declines.

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