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Posted by
Two Blokes Jun 19 -
Filed in
Stock
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2 views
I maintain a Buy rating on LATAM Airlines, with a US$55 YE2026 price target, reflecting strong post-Chapter 11 recovery and upside potential. LTM's robust growth, cost control, and productivity improvements, alongside favorable FX trends and hedged fuel costs, support strong EBITDA and free cash flow outlook. Peer analysis shows LTM is undervalued relative to growth and debt reduction, with potential for multiple expansion as liquidity and index weights improve.
