[ET Net News Agency, 16 March 2022] Credit Suisse lowered its target price for Air
China (00753) to HK$5 from HK$5.8 and downgraded its rating to "neutral" from
"outperform".
The research house said while it continues to like Air China for the strength in
international network (40% exposure, vs peers' 30%), which should help capture long-term
recovery, the timing of relaxation remains uncertain. (RC)