Cathay Pacific (CX)

A jump in buy recommendations in July for Cathay has pushed the ratio of bullish views to the most in more than a decade.

Cathay’s overall passenger capacity should return to about 50% of pre-pandemic levels this month and 70% by year-end.

SINGAPORE (Sept 28): UOB Kay Hian is keeping its “hold” recommendation on Singapore Airlines (SIA) with a lower target price of $10 due to ongoing structural challenges and lower revenue from the corporate travel segment.