Inmobiliaria Vesta price target raised to $37 from $34 at Barclays

Barclays raised the firm’s price target on Inmobiliaria Vesta (VTMX) to $37 from $34 and keeps an Overweight rating on the shares. The firm adjusted price targets and estimates for Mexican real estate companies. Macro headwinds continue to play a key role in the industry, but so far companies “have been able to withstand the current backdrop,” the analyst tells investors in a research note. At an industry level, Barclays sees attractive valuations.