UBS: Raised Cathay Pacific Airways (00293.HK) target price to 16.9 Hong Kong dollars, reiterating a "buy" rating.

According to the Wise Finance and Economics App, UBS has released a research report stating that it has raised the target price of Cathay Pacific (00293.HK) by 13.4%, from HK$14.9 to HK$16.9, while reiterating a "buy" rating. At the same time, UBS reaffirmed that Cathay Pacific is one of the preferred airlines in the Asia-Pacific region.