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BUZZ-EasyJet: biggest rise in nearly 2 yrs after hiking profit outlook

Reuters - UK Focus

** EasyJet (Other OTC: EJTTF - news) jumps 6.5%, biggest one-day rise since Nov 2013 & top riser on Stoxx 600 in decent volume after raises FY profit outlook

** Saw record August traffic

** Expects FY PBT in range of £675-700 mln for yr to end-Sept v previous guidance of £620-660 mln

** Gains seen sector-wide: IAG up 4.3%, Ryanair up 2.2% with Air France (Paris: FR0000031122 - news) 6 pct higher after Les Echos reports co is considering entering low cost long haul, traders say

** HSBC lifts TP for IAG on Thursday, to 700p v 660p, ahead of assumed consolidation of Aer Lingus (Other OTC: AELGF - news) from Sept (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)