LATAM Airlines Group's Fair Value Estimate Rises Amid Stronger Than Expected Results and Lower Perceived Risk Profile

LATAM Airlines Group's fair value estimate has increased from CLP 25.57 to CLP 26.74, driven by stronger-than-expected results and a lower perceived risk profile. Analysts are optimistic about operational execution and resilience but have revised revenue growth forecasts from 7.39% to 6.26% amid industry volatility. Barclays analyst Pablo Monsivais raised the price target to $60 from $55, citing a stronger-than-expected quarter.