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Bernstein Increases PT for Sabre Corporation, Maintains Market Perform Rating
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Bernstein Increases PT for Sabre Corporation, Maintains Market Perform Rating
Sabre Corporation (SABR) received a boost from Bernstein as the firm raised its price target while maintaining a market perform rating. The new price target of $15 represents a potential upside of over 20% from the current trading price. Bernstein’s decision comes after Sabre’s recent earnings report, which showed a decrease in revenue due to the impact of the pandemic on the travel industry. However, the company also announced cost-cutting meas…
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