TAM S.A. Rating Lowered to Sell at UBS AG (TAM)

By admin | 6 years ago

TAM S.A. (NYSE: TAM) was downgraded by equities research analysts at UBS AG (NYSE: UBS) from a “neutral” rating to a “sell” rating in a research note issued to investors on Thursday.

A number of other firms have also recently commented on TAM. Analysts at Zacks downgraded shares of TAM S.A. from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, April 30th. They now have a $26.00 price target on the stock. Separately, analysts at Deutsche Bank (NYSE: DB) downgraded shares of TAM S.A. from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, April 24th.

TAM S.A. traded up 0.17% on Thursday, hitting $24.00. TAM S.A. has a 52-week low of $13.85 and a 52-week high of $25.56. The company’s market cap is $3.747 billion.

TAM S.A. (TAM) is a Brazil-based company engaged in providing scheduled air transportation in both the domestic and the international markets through the Company’s operating subsidiaries, TAM Linhas Aereas SA (TAM Linhas Aereas), Transportes Aereos Del Mercosur S.

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