Tuesday June 23, 05:03 PM
BRIEF-Morgan Stanley upgrades Air France, Air Arabia
June 23 (Reuters) -
* Morgan Stanley (NYSE: MS - news) raises AIR France KLM to overweight from
equal-weight
* Morgan Stanley raises Air Arabia to overweight from equal-weight
* Morgan Stanley cuts Air Berlin PLC (Xetra: AB1000 - news) price target to 3.80 EUR from
4.10 EUR; rating equal-weight
* Morgan Stanley raises Deutsche Lufthansa AG (Xetra: 823212 - news) price target to 12.40
EUR from 11.15 EUR; rating equal-weight
* Morgan Stanley raises Ryanair Holdings PLC (Dublin: RY4.IR - news) price target to 4.70 EUR
from 3.80 EUR; rating overweight
* Morgan Stanley raises Vueling Airlines SA (Madrid: VLG.MC - news) price target to 6.70 EUR
from 5.40 EUR; rating equal-weight
(Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780)
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