Scotiabank Upgrades Liberty Latin America to Sector Outperform, Raises Price Target to $10.7
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Andres Coello upgraded Liberty Latin America (NASDAQ:LILAK) from Sector Perform to Sector Outperform and increased the price target from $7.7 to $10.7.
May 13, 2024 | 3:02 pm
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POSITIVE IMPACT
Liberty Latin America's upgrade by Scotiabank to Sector Outperform and a raised price target to $10.7 signals a positive outlook on the stock.
Upgrades by analysts, especially with a significant increase in price target, typically lead to positive short-term price movement as it reflects a stronger confidence in the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100