Goldman Sachs Downgrades Liberty Latin America to Neutral, Raises Price Target to $10.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Diego Aragao has downgraded Liberty Latin America (NASDAQ:LILAK) from Buy to Neutral, while raising the price target from $9.3 to $10.5.
September 04, 2024 | 9:45 am
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Goldman Sachs has downgraded Liberty Latin America from Buy to Neutral, indicating a less bullish outlook. However, the price target has been raised to $10.5, suggesting some positive expectations.
The downgrade from Buy to Neutral suggests a less optimistic view on the stock's potential, which could lead to a neutral short-term impact on the stock price. However, the raised price target to $10.5 indicates some positive expectations, balancing the downgrade.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100