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AlphaMena Downgrades Air Arabia to Reduce, Lifts PT

AlphaMena on Thursday lowered United Arab Emirates-based airline Air Arabia (DFM:AIRARABIA) to reduce from add, while increasing its price target to 4.76 Emirati dirhams from 4.70 dirhams.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

-- AlphaMena on Thursday lowered United Arab Emirates-based airline Air Arabia (DFM:AIRARABIA) to reduce from add, while increasing its price target to 4.76 Emirati dirhams from 4.70 dirhams.

(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)