Barclays analyst Pablo Monsivais lowered the firm’s price target on Asur (ASR) to MXN 565 from MXN 612 and keeps an Equal Weight rating on the shares. The firm updated price targets across Latin America transportation, with larger revisions in airlines and a more cautious view amid “elevated volatility.” Limited visibility on jet fuel prices drives a conservative stance, the analyst tells investors in a research note.
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