Analysts raced to upgrade their long-term share price targets for Qantas after a bumper profit result last week pushed the airline’s share price close to $10.
Qantas shares hit a record on Monday closing at $9.99 after it reported a $1.4 billion profit and $400 million dividend last week. The stock has now more than doubled since dipping under $5 in late 2023, when Vanessa Hudson took over as chief executive.
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