Auna price target raised to $13.50 from $13 at JPMorgan

JPMorgan raised the firm’s price target on Auna (AUNA) to $13.50 from $13 and keeps an Overweight rating on the shares. The company’s main value lever is the Mexican ramp-up, where the infrastructure is in place but with low occupancy levels, the analyst tells investors in a research note. The firm also sees “noise” from the challenging environment in Colombia with the government intervention in the system through a major payor. However, it learned from Auna management that Mexico continued to accelerate in the second half of 2024 with better occupancy and higher complexity as the initiatives to drive traffic, especially within oncology, “continue to bear the expected fruit.”