Is Cathay Pacific Stock Worth Your Buy?

News Snapshot:

DANIEL SLIM/AFP via Getty Images In December 2022, I covered Cathay Pacific Airways Limited (OTCPK:CPCAY), (OTCPK:CPCAF) and saw opportunities for Cathay Pacific stock on increased travel activity in Asia including Hong Kong. However, the reality is that the stock has not performed. In this report, I will be updating my assessment of Cathay Pacific. I will be taking a brief look at the performance in the passenger travel segment as well as in the cargo operations segment, after which I will provide a fundamentally driven price target for Cathay Pacific stock. Passenger Service Recovery Remains Painstakingly Slow Cathay Pacific Whereas...