LATAM Airlines' Earnings Will Remain 'Higher For Longer,' Says Bullish Analyst

LATAM Airlines Group SA LTM shares were declining in early trading on Tuesday. The company has emerged from bankruptcy stronger and is now larger and leaner, according to Morgan Stanley. Analyst Jens Spiess initiated coverage of LATAM Airlines Danaher with an Overweight rating and price target of $40. Check out other analyst stock ratings. The LATAM Airlines Thesis: The company's profitability has climbed above the pre-COVID-19 pandemic levels, while that of its U.S. legacy peers have not, and its stock val ...