BofA analyst Rogerio Araujo lowered the firm’s price target on Volaris (VLRS) to $9.50 from $11.40 and keeps a Buy rating on the shares. The “strong” 2025 margin guidance provided in Q4 was discontinued due to macro uncertainties, notes the firm, which revised estimates to reflect the “weak” Q2 TRASM guidance.
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Read More on VLRS:
- Volaris downgraded to Equal Weight from Overweight at Barclays
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