JP Morgan Downgrades Grupo Aeroportuario del to Underweight
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Guilherme Mendes has downgraded Grupo Aeroportuario del (NYSE:PAC) from Neutral to Underweight, indicating a less favorable outlook for the company's stock.
September 05, 2024 | 12:22 pm
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JP Morgan has downgraded Grupo Aeroportuario del (NYSE:PAC) from Neutral to Underweight, suggesting a less favorable view on the stock's performance.
The downgrade from a major financial institution like JP Morgan typically signals a negative outlook on the stock, which can lead to a decrease in investor confidence and potential selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100