Business
Is the Sydney Airport (ASX:SYD) share price set for a recovery?
Sydney Airport Holdings Pty Ltd (ASX: SYD) released its February passenger data last week, with total passenger growth down 79.8% year-on-year compared to the 94.2% decline in January.
With increasing optimism for the travel industry, could investors expect a recovery for the Sydney Airport share price?
Goldman Sachs rates Sydney Airport share price a buy
Goldman Sachs is buy-rated on the Sydney Airport share price with a 12-month price target of $6.73 on 19 March. The broker notes that the sharp improvement in February was supported by easing border restrictions.
It believes that Sydney Airport remains in “effective hibernation” and…
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