Liberty Latin America price target raised to $18 from $17 at Pivotal Research

Pivotal Research analyst Jeffrey Wlodarczak raised the firm’s price target on Liberty Latin America to $18 from $17 and keeps a Buy rating on the shares. The company reported an overall better than expected Q1 revenue generating unit and in-line revenue and EBITDA result, a material acceleration in share repurchase activity and most importantly clearing the Puerto Rican wireless subscriber conversion from AT&T’s to Liberty’s internal tech stack, files to sell common stock, no amount given