LATAM Airlines Group S.A. (NYSE:LTM) is one of the
7 Best Turnaround Stocks to Buy in 2026.
On June 3, 2026, JPMorgan analyst Guilherme Mendes initiated coverage of LATAM Airlines Group S.A. (NYSE:LTM) U.S. shares with an Overweight rating and $70 price target. Mendes said JPMorgan prefers Latam over Copa within its Latin America airline coverage, citing the company’s “superior earnings momentum and a lighter balance sheet.” The firm also said the airline space has room to continue gradually re-rating, depending on geopolitical developments and potential stabilization in fuel prices.
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On May 12, 2026, Goldman Sachs raised the firm’s price target on LATAM Airlines Group S.A. (NYSE:LTM) to $72.60 from $63.40 previously and maintained a Buy rating on the shares. The update came about a month after Goldman Sachs upgraded Latam Airlines to Buy from Neutral, after assuming coverage of the name. Goldman Sachs said the company has a “solid” financial position and that its higher-income positioning in Latin America should help it withstand current macroeconomic volatility. Goldman Sachs also said Latam Airlines should be able to pass through higher fuel prices to tickets, with potentially lower impact on demand relative to peers.
LATAM Airlines Group S.A. (NYSE:LTM) provides passenger and cargo air transportation services across Latin America, the United States, the Caribbean, Europe, and Oceania.
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