Volaris price target lowered to $11.10 from $12.40 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Volaris to $11.10 from $12.40 and keeps a Buy rating on the shares. The analyst is taking a more bullish stance on the Mexico airport sector, citing the “de-risking” seen in prior months on the regulatory side coupled with a view that investors are too conservative on the prospects of a traffic recovery in 2025.