Fibra Macquarie Mexico price target raised to MXN 46 from MXN 44 at Barclays

Barclays analyst Pablo Monsivais raised the firm’s price target on Fibra Macquarie Mexico (DBMBF) to MXN 46 from MXN 44 and keeps an Overweight rating on the shares. The firm upped Mexican real estate price targets raise to reflect lower interest rates and stronger operations. While the demand environment is improving, it remains subdued as tariffs remain an overhang, the analyst tells investors in a research note.