Grupo Santander downgraded GAP Airports to Neutral from Outperform with an $81 price target. The bull case has been priced into the shares, creating a balanced risk/reward, the analyst tells investors in a research note.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PAC:
- GAP Airports assumed with a Buy at Goldman Sachs
- GAP Successfully Issues Multi-Billion Peso Bonds
- Grupo Aeroportuario del Pacifico Announces Issuance of Bond Certificates in Mexico for Ps. 5,648.1 Million
- GAP Reports Decrease in August Passenger Traffic
- GAP Airports downgraded to Underweight from Neutral at JPMorgan