Liberty Latin America (NASDAQ:LILA) Reaches New 12-Month Low - What's Next?
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Liberty Latin America (NASDAQ:LILA) reached a new 52-week low of $5.68, closing at $5.72 with a trading volume of 249,421 shares. Barclays downgraded the stock from "equal weight" to "underweight," lowering the price target from $8.00 to $6.50. The company reported a quarterly EPS of ($0.90) and revenue of $1.15 billion. Institutional investors hold 18.48% of the stock, and analysts predict a -0.22 EPS for the current year. Liberty Latin America provides telecommunications services across various segments in the Caribbean and Latin America.
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