Liberty Latin America upgraded at Scotiabank on better competitive dynamics

As previously reported, Scotiabank upgraded Liberty Latin America to Outperform from Sector Perform with a price target of $10.70, up from $7.70. Better competitive dynamics across the Caribbean and Central America, especially Panama, should allow LiLAC to accelerate equity cash flow generation and buybacks, contends the analyst, who believes EBITDA in Puerto Rico is poised to improve