By: Benzinga
December 04, 2012 at 10:26 AM EST
UPDATE: Goldman Sachs Upgrades Ryanair to Buy on Pricing, Returns and Cash Generation
Goldman Sachs raised its rating on Ryanair (NASDAQ: RYAAY ) from Neutral to Buy. Goldman Sachs commented, "We expect Ryanair to benefit from continued pricing strength in 2H13/FY14 (we forecast revenue per pax growth of 5.4%/3.2%) owing to capacity discipline in the European short-haul market. This, together with limited
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