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Fly News Breaks for November 26, 2018
LTM
Nov 26, 2018 | 08:30 EDT
Citi analyst Stephen Trent upgraded Latam Airlines to Neutral and raised his price target for the shares to $11 from $8. The analyst believes the company is serious about limiting capacity growth given its $2.3B capital expenditure cut. Further, he points out the stock is down 40% since February 6.
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