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Copa Holdings price target lowered to $165 from $185 at Barclays

Barclays analyst Pablo Monsivais lowered the firm’s price target on Copa Holdings (CPA) to $165 from $185 and keeps an Overweight 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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