Barclays analyst Benjamin Theurer upgraded Gruma (GPAGF) to Overweight from Equal Weight. The firm told investors in a research note on Friday that low valuations driven by higher risk premiums are explained by continued noise from President- elect Trump on Mexico and Canada. Barclays remains cautious but sees attractive fundamentals across the sector.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GPAGF:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue