Barclays raised the firm’s price target on Latam Airlines (LTM) to $38 from $34 and keeps an Overweight rating on the shares. The firm cites the company’s updated outlook for the target increase. Better profitability, a solid balance sheet and favorable industry dynamics support a positive view on Latam, the analyst tells investors in a research note.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.