Scotiabank analyst Ben Isaacson downgraded Alpek to Sector Perform from Outperform with a price target of MXN 16, down from MXN 19. The analyst says the company’s challenging market conditions are likely to continue.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>