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HSBC Downgrades Air Arabia to Reduce Rating, Boosts PT
HSBC on Tuesday downgraded Dubai-listed low-cost carrier Air Arabia (DFM:AIRARABIA) to reduce from hold, while increasing its price target to 5 Emirati dirhams from 4 dirhams.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
DFM:AIRARABIA
