Gentera price target raised to MXN 46 from MXN 40 at Barclays

Barclays raised the firm’s price target on Gentera (CMPRF) to MXN 46 from MXN 40 and keeps an Overweight rating on the shares. The firm says Mexican banks seem to be overcoming concerns around the potential impact of higher tariffs with solid share performances in Q2. Barclays believes the banks need to post attractive returns and continued positive outlooks for 2025 to maintain the momentum.