TUI : UBS raises its target price for the stock
' We are updating our price target and analyzing the main topics of discussion: i) earnings from tourism operations; ii) peak period hotel earnings; iii) FCF generation. We currently remain cautious," says UBS.
The tour operator has reaffirmed its outlook for full-year sales growth of at least 10% and an improvement of more than 25% in current operating profit (Ebit).
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