Fibra Prologis price target raised to MXN 88 from MXN 81 at Barclays

Barclays raised the firm’s price target on Fibra Prologis (FBBPF) to MXN 88 from MXN 81 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.