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Volaris price target raised to $5.50 from $4.50 at Barclays

Barclays raised the firm’s price target on Volaris (VLRS) to $5.50 from $4.50 and keeps an Equal Weight rating on the shares. The company Volaris is effectively operating a “complex” backdrop but Barclays remains cautious about the near- to medium-term demand outlook, the analyst tells investors in a research note.

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