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Air France KLM stock rises amid mixed analyst ratings and outlook
Air France KLM's stock rose 1.8% following mixed Wall Street reactions, with UBS downgrading it from Buy to Neutral, citing challenges like a €160 million cost from the Paris Olympics. Conversely, Redburn upgraded the stock to Buy, emphasizing the airline's transformation and potential for improved cash generation. UBS adjusted its EPS forecasts significantly for 2025 and 2026, while Redburn highlighted the stock's attractive valuation at 1.8x the forecasted P/E for fiscal year 2025.
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