M Stanley lowered its EPS forecasts for TRAVELSKY TECH for 2026 and 2027 due to slower revenue growth caused by weak aviation demand amid global energy shocks. The firm also reduced its target price by 14% and assigned an Underweight rating, citing a weaker growth outlook, lower-than-expected shareholder returns, and downward revisions to dividend payout assumptions. Additionally, challenges such as slower foreign airline traffic growth and labor cost inflation are expected to impact margins.
