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Fly News Breaks for May 7, 2018
PAC, ASR
May 7, 2018 | 07:39 EDT
JPMorgan analyst Fernando Abdalla upgraded Grupo Aeroportuario del Sureste (ASUR) to Neutral with an increased price target of MXN 375. The analyst is more positive on the shares given the airlines greater exposure to international traffic, "relative protection" against a weaker Peso and more attractive valuation post recent underperformance. Abdalla's top pick in Mexican Airpor remains Grupo Aeroportuario del Pacifico (PAC).
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