Citi lifts EasyJet to buy as fleet renewal points to profit recovery from FY27
Citi Research upgraded EasyJet to a "buy" rating from "neutral" in a note dated Wednesday, lifting its price target to 600p from 490p. The brokerage says margin recovery tied to the airline's fleet renewal will increasingly shape investor expectations from FY27, with most gains expected in the 24 months after September 2026 as A319 retirements acce…