Fibra Uno price target raised to MXN 42 from MXN 39 at Barclays

Barclays raised the firm’s price target on Fibra Uno (FBASF) to MXN 42 from MXN 39 and keeps an Overweight rating on the shares. The firm updated Latin America multi-industry models to reflect a slightly higher cost of capital. It sees continued support from “resilient” demand and investor interest in industrial assets.