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Fly News Breaks for March 22, 2016
LFL
Mar 22, 2016 | 07:05 EDT
Evercore analyst Duane Pfennigwerth downgraded LATAM Airlines to Hold based on recent share outperformance. The analyst lowered LATAM's price target to $7 from $10 and said he expects another year of negative free cash flow and a challenging macro backdrop.
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