골드만삭스, LATAM 항공 주식 등급 상향

What happened: Goldman Sachs upgraded LATAM Airlines (LTM) to 'Buy' from 'Neutral' on April 12, 2026, with a $63.40 price target, initiating coverage. On May 12, they raised the price target to $72.60. JPMorgan initiated coverage on June 3, 2026, with an 'Overweight' rating and a $70 price target. Both firms cited LTM's potential turnaround as a key driver for their bullish stance.

Market impact: The airline sector, particularly LTM, has seen increased investor interest. LTM's stock price has risen, making it one of the most profitable undervalued stocks and a top turnaround pick among analysts and Reddit investors. This positivity reflects a broader market sentiment shift towards travel stocks post-pandemic.

What to watch next: LTM's Q2 2026 earnings report, scheduled for late July, will provide insights into the company's operational performance and recovery progress. Additionally, any updates on LTM's restructuring plans and debt negotiations will be crucial for maintaining the bullish narrative.