Barclays lowered the firm’s price target on Latam Airlines (LTM) to $67 from $75 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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Read More on LTM:
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