tiprankstipranks
Advertisement
Advertisement

Femsa price target raised to $125 from $118 at Barclays

Barclays raised the firm’s price target on Femsa (FMX) to $125 from $118 and keeps an Equal Weight rating on the shares. Results for the Mexico consumer companies were broadly in line, with earnings supported by pricing discipline, cost control, and revenue management, the analyst tells investors in a research note.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1