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14120 HUCPAIR@EC2512A (CALL)
RT Nominal up0.057 +0.001 (+1.786%)

15/04/2025 14:32

{I-bank focus}Morgan lowers Cathay Pacific (00293) to HKD10

[ET Net News Agency, 15 April 2025] Morgan Stanley lowered the target price for Cathay
Pacific (00293) to HKD10 from HKD11.6 and maintained the "equal-weight" rating.
The research house said it lowers 2025-26e earnings forecasts by 1.4% and 8%
respectively, to reflect mild cargo yield assumptions cuts, partly offset by lower fuel
assumptions. (rc)

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