JP Morgan Maintains Overweight on Copa Holdings, Lowers Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Fernando Abdalla maintains an Overweight rating on Copa Holdings but lowers the price target from $180 to $175.
August 29, 2024 | 1:51 pm
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NEUTRAL IMPACT
JP Morgan's analyst Fernando Abdalla maintains an Overweight rating on Copa Holdings but reduces the price target from $180 to $175, indicating a slightly less optimistic outlook.
The Overweight rating suggests continued confidence in Copa Holdings, but the lowered price target indicates a slightly less optimistic view on its short-term performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100