Barclays raised the firm’s price target on Femsa (FMX) to $110 from $108 and keeps an Equal Weight rating on the shares. The firm says the Mexican companies in its coverage are starting to reflect their earnings potential amid the tariff uncertainty.
Claim 55% 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 FMX:
- Femsa price target raised to $115 from $112 at UBS
- FEMSA Finalizes Logistics Divestiture to Grupo Traxión
- Femsa upgraded to Outperform from Market Perform at BBVA
- FEMSA Highlights Corporate Governance Practices in Latest Report
- Optimistic Buy Rating on FEMSA: Strategic Financial Moves and Shareholder Value Enhancement