JPMorgan raised the firm’s price target on BBB Foods (TBBB) to $39 from $35.50 and keeps an Overweight rating on the shares as part of a Q3 earnings preview for the Mexican retail sector. The firm believes trends are likely to be weaker in Q3 compared to Q2. It reiterates BBB Foods as its top pick in the retail sector.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential