Barclays raised the firm’s price target on Fibra Macquarie Mexico (DBMBF) to MXN 44 from MXN 43 and keeps an Overweight rating on the shares. Heightened uncertainty will be a challenge for Mexican real estate companies, but the earnings trend is supportive and valuations already reflect some future headwinds, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DBMBF: