ACV [MARKET PERFORM +9.4%] - Earnings reset on PQC removal, softer pax numbers, LTH delay - Update
  • 06 Apr 2026
  • Company Research
- We cut our target price (TP) by 22% and downgrade our rating for ACV from OUTPERFORM to MARKET PERFORM. ACV's share price has declined 17% over the past five months, pressured by an ongoing Government investigation and Middle East-driven global aviation