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Proactive Investors
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vor 6 Monaten
easyJet PLC's (LSE:EZJ) decision to stimulate passenger demand through lower fares rather than cut capacity to restore pricing power is sacrificing profitability to defend market share, UBS argues, slashing its 2026 profit before tax forecast by 53% and cutting its price target to 635p from 700p. The bank retains its 'buy' rating on the low-cost carrier but flags three negative surprises from l...