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JPMorgan downgrades shares of low-cost European carrier Rynanair (RYAAY +1.9%) to Underweight...

JPMorgan downgrades shares of low-cost European carrier Rynanair (RYAAY +1.9%) to Underweight from Neutral. The latest figures from the company show that passengers increased 5% Y/Y to 7.5M in May, but its load factor slipped by a percentage point to 81%.
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