Goldman Sachs downgraded Latam Airlines (LTM) to Neutral from Buy with a price target of $64.10, down from $66.20. While the company’s financials already reflect the positive renegotiations during their chapter 11 procedure and operating within “a rational and stable macro environment,” the firm sees little room for further meaningful improvement, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LTM:
- LATAM Airlines Details 12 Million ADS Secondary Offering via J.P. Morgan
- LATAM Airlines Starts 2026 With Strong Passenger Growth and Higher Load Factors
- LATAM Airlines Discloses Sixth Secondary ADR Sale by Sixth Street Partners
- LATAM Airlines Secondary ADR Offering Priced at $61.90 per Share
- LATAM Airlines Soars on Record Results and Bold Outlook