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Fly News Breaks for June 14, 2016
CPA, LFL
Jun 14, 2016 | 05:32 EDT
Goldman Sachs analyst Marcio Prado downgraded LATAM Airlines (LFL) to Sell saying yield weakness in the international and in the Brazilian markets is unlikely to improve in the short term. The analyst cut his price target for the shares to $5.80 from $6.70. Prado also lowered his price target for Copa Holdings (CPA) to $54 from $64 and keeps a Neutral rating on the name.
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