- Analysts raised their price targets on Sabre Corp SABR post Q4 beat.
- Mizuho analyst Matthew Broome raised the price target to $11 from $10 (6% downside) and reiterated a Neutral.
- The analyst says the company is making incremental progress despite the omicron setback.
- Morgan Stanley analyst Josh Baer maintained Sabre with an Equal-Weight and raised the price target from $11 to $14 (19% upside).
- Sabre is a software and technology company that powers the global travel industry, serving many travel companies, including airlines, hoteliers, travel agencies, and other suppliers. The company provides retailing, distribution, and fulfillment solutions that help its customers operate more efficiently, drive revenue and offer personalized traveler experiences.
- Price Action: SABR shares traded higher by 6.88% at $11.73 on the last check Wednesday.
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