Barclays raised the firm’s price target on Asur (ASR) to MXN 559 from MXN 534 and keeps an Equal Weight rating on the shares. Tariffs and their economic impact will likely cloud Mexican airport investor sentiment, but Barclays does not see an imminent risk of earnings deceleration in the short and medium term, the analyst tells investors in a research note.
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Read More on ASR:
- ASUR Earnings Call: Strong Growth Amid Challenges
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- ASUR Reports Strong Revenue Growth Despite Passenger Traffic Decline in Q4 2024
- Asur reports Q4 total passenger traffic declined 0.3% year-over-year
- Asur price target lowered to $310 from $321 at Jefferies
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