Citi initiated coverage of Grupo Aeromexico (AERO) with a Buy rating and $27 price target The firm believes the shares are trading at a “compelling” valuation given the company’s improved profitability and “strong” free cash flow.
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Read More on AERO:
- Grupo Aeromexico initiated with a Buy at Goldman Sachs
- Grupo Aeromexico initiated with an Overweight at Morgan Stanley
- Grupo Aeromexico: Optimistic Buy Rating Driven by Premium Positioning and Undervalued Valuation
- Grupo Aeromexico initiated with an Overweight at Barclays
- Grupo Aeromexico initiated with a Buy at Deutsche Bank