Scotiabank raised the firm’s price target on Liberty Latin America (LILAK) to $5.10 from $4.80 and keeps a Sector Perform rating on the shares. The company began the year with modestly better cash burn than the year prior, but still negative, the analyst tells investors. Additionally, it withdrew its guidance due to weakness in Puerto Rico, the firm adds.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LILAK:
- Liberty Latin America Reports Strong Q1 2025 Results
- Trump announces trade deal, BoE lowers Bank Rate: Morning Buzz
- Liberty Latin America reports Q1 revenue $1.08B, consensus $1.1B
- LILAK Upcoming Earnings Report: What to Expect?
- Liberty Latin America price target lowered to $4.80 from $8.30 at Scotiabank