Barclays analyst Benjamin Theurer downgraded Coca-Cola Femsa (KOF) to Equal Weight from Overweight with an unchanged price target of $98. The firm adjusted ratings in the Mexico consumer sector as part of its 2026 outlook. The group is moving into next year with “steady fundamentals but slower growth” along with elevated trade uncertainty, the analyst tells investors in a research note. Barclays believes companies with scale, strong revenue management, and omnichannel depth are best positioned.
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