Business
Is the Qantas (ASX:QAN) share price heading to $7.00?
The Qantas Airways Limited (ASX: QAN) share price has been a strong performer in November.
Since the start of the month, the airline operator’s shares have gained an impressive 32%.
Can the Qantas share price go higher from here?
One leading broker that believes there are still more gains ahead for the Qantas share price is Goldman Sachs.
According to a note out of the investment bank, its analysts have just reiterated their buy rating and $6.99 price target on its shares.
This price target implies potential upside of 26.5% for the Qantas share price over the next 12 months.
Why is Goldman bullish on Qantas?
Goldman Sachs has previously highlighted that the risks to a domestic market reopening were diminishing and that it had…
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