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Proactive Investors - Ryanair (LON:RYA) has got a big share price target and passenger number upgrade ahead of its full-year results on 22 May from Deutsche Bank (ETR:DBKGn).
Analysts at the bank expect the update to generate a tailwind for the shares hence the share target rises to €20 from €17.50.
In terms of passengers, Deutsche Bank also sees 183mln travelling in 2024 (RYA target 185mln) a 2% increase in its forecast and 202mln in 2025, up 4% on its previous target.
'Buy' is the investment rating.
Shares in the Dublin-listed airline were up 1.3% today at €15.24.
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