Citi downgraded Becle to Neutral from Buy with a price target of MXN 36, down from MXN 40. The analyst cites the stronger than expected peso and softening trends for tequila volumes in almost all geographies for the downgrade.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BCCLF: