Gobetter
23rd Dec 2009, 00:00
"Qantas has been awarded with a series of broker upgrades, following yesterday's revised profit guidance.
Merrill Lynch upped the target price on the stock to 3 dollars, from $2.85.
Credit Suisse added 25 cents to its target to $3.50.
And JP Morgan, one of the more bullish brokers, raised its forecast to $3.33 from $3.02.
These upgrades came after the airline said first half profits would likely be better than previously expected, thanks to an increase in the number of passengers flying."
:ok:
Telstra BigPond News and Weather (http://bigpondnews.com/articles/Finance/2009/12/22/Qantas_rewarded_with_broker_upgrades_409546.html)
Merrill Lynch upped the target price on the stock to 3 dollars, from $2.85.
Credit Suisse added 25 cents to its target to $3.50.
And JP Morgan, one of the more bullish brokers, raised its forecast to $3.33 from $3.02.
These upgrades came after the airline said first half profits would likely be better than previously expected, thanks to an increase in the number of passengers flying."
:ok:
Telstra BigPond News and Weather (http://bigpondnews.com/articles/Finance/2009/12/22/Qantas_rewarded_with_broker_upgrades_409546.html)