The Zhitong Finance App learned that Morgan Stanley released a research report stating that it lowered the Cathay Pacific (00293.HK) target price by 13.8% from HK$11.6 to HK$10, maintaining a “in sync with the market” rating. Damo lowered Cathay Pacific's profit forecast for 2025-2026 by 1.4% and 8%, mainly reflecting a moderate decline in cargo revenue forecasts, partially offset by lower fuel forecasts. At the same time, a profit forecast of HK$9.3 billion for 2027 was introduced.

The Zhitong Finance App learned that Morgan Stanley released a research report stating that it lowered the Cathay Pacific (00293.HK) target price by 13.8% from HK$11.6 to HK$10, maintaining a “in sync with the market” rating. Damo lowered Cathay Pacific's profit forecast for 2025-2026 by 1.4% and 8%, mainly reflecting a moderate decline in cargo revenue forecasts, partially offset by lower fuel forecasts. At the same time, a profit forecast of HK$9.3 billion for 2027 was introduced.