Scotiabank upgraded Alfa SAB to Outperform from Sector Perform with a price target of MXN 18.50, up from MXN 17. The company’s strategy will effectively transform Alfa into Sigma and reduce Alfa’s portfolio from an industrial conglomerate to a processed food company, the analyst tells investors in a research note.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential