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TUI shares show cautious optimism amid strong travel demand signals
TUI's recent Capital Markets Day revealed positive signals, highlighting robust travel demand and improved financial prospects, despite subdued consumer sentiment in Europe. Analysts, including UBS, maintain a "Neutral" rating with a target price of 8 euros, while the TUI share saw a slight decline to 7.30 euros, indicating an 8% upside potential. Investors are now focused on the profitability of the upcoming summer business.
TUI shares rise as analysts note positive signals after capital markets day
TUI shares have shown positive movement following the company's Capital Markets Day, with analysts noting robust travel demand and improved financial prospects. UBS maintains a "Neutral" rating with a target price of 8 euros, emphasizing the focus on profitability for the upcoming summer season. Despite a cautious investor response, the share still holds an 8% upside potential.
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