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Deutsche Bank takes a flyer on LATAM Airlines Group

Jul. 20, 2016 7:14 AM ETLATAM Airlines Group S.A. (LTMAY) StockLTMAYBy: Clark Schultz, SA News Editor
  • Deutsche Bank upgrades LATAM Airlines Group (LFL) to a Buy rating from Hold.
  • Positive factors seen for LATAM include the general improvement in Latam economies and significant capacity cuts.
  • The investment firm raises its price target by 57% to $11. Shares of LATAM are already up 65% YTD to $8.92.

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