BBB Foods price target raised to $37 from $36 at Scotiabank

Scotiabank analyst Hector Maya raised the firm’s price target on BBB Foods (TBBB) to $37 from $36 and keeps an Outperform rating on the shares. The company’s management delivered Q4 results that were slightly below the firm’s numbers, but beat the consensus on EBITDA, the analyst tells investors. For the firm, the most relevant aspect of the earnings was the 2025 company guidance. The firm raised its price target on the stock despite the more conservative assumptions on margins, higher cost of equity, and increased uncertainty with tariff volatility.