JPMorgan analyst Guilherme Mendes downgraded Volaris (VLRS) to Neutral from Overweight with a price target of $11, up from $9.50. The firm cites valuation for the downgrade. It recommends to take profits following the recent rally. JPMorgan prefers other airlines and notes Volaris shares are up 155% since the April 2025 lows.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VLRS:
- Volaris Ends 2025 With Higher Traffic But Lower Load Factor in December
- Volaris reports December load factor of 84.1%
- Arcellx initiated, Cummins upgraded: Wall Street’s top analyst calls
- Volaris price target raised to $11.20 from $9.50 at BofA
- Volaris upgraded to Outperform from Neutral at Bradesco BBI