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Auna downgraded to Neutral from Overweight at JPMorgan

JPMorgan downgraded Auna (AUNA) to Neutral from Overweight with a price target of $6, down from $13.50. The firm cites the company’s slower than expected ramp-up of in Mexico for the downgrade. Auna’s consolidated operations do not boast its growth profile while its leverage should remain elevated, the analyst tells investors in a research note.

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