Lufthansa AG is a German airline company that operates in Europe and North America. The company was founded in 1953 and has its headquarters in Frankfurt, Germany.
On March 7, 2024, Bernstein.marketscreener.com published an article stating that Lufthansa AG has received a Sell rating from Alexander Irving of Bernstein. The article also stated that the target price for the stock remains unchanged at EUR 7.
It is important to note that a Sell rating from a financial institution like Bernstein indicates that the analyst believes the stock is overvalued and not worth investing in. This can have an impact on the stock's price, as investors may be less likely to buy it if they believe it is overpriced.
It is also important to note that Alexander Irving has retained his negative opinion on the stock with a Sell rating. This means that he continues to believe that the stock is not a good investment opportunity and recommends that investors sell their shares.
Overall, the news of Lufthansa AG receiving a Sell rating from Bernstein may have an impact on the company's stock price, as investors may be less likely to buy it if they believe it is overvalued. However, it is important to note that this is just one analyst's opinion and other factors such as the company's financial performance and market conditions can also affect its stock price.
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