Pivotal Research lowered the firm’s price target on Liberty Latin America to $15 from $18 and keeps a Buy rating on the shares. The company reported an overall mixed Q2 result with the main story being that it was premature to assume that the company had cleared its major Puerto Rico wireless conversion negative effects, the analyst tells investors in a research note.
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Read More on LILAK:
- Liberty Latin America reports Q2 operating income $111M vs $135M last year
- Liberty Latin America, Millicom to combine operations in Costa Rica
- Liberty LiLAC (LILAK) Q2 Earnings Cheat Sheet
- Scotiabank downgraded Liberty Latin America, says switch into Millicom
- Liberty Latin America downgraded to Sector Perform from Outperform at Scotiabank
