Scotiabank downgraded Wal-Mart de Mexico (WMMVY) to Sector Perform from Outperform with a price target of MXN 62, down from MXN 70. The firm believes further patience is required by investors following the company’s disappointing Q2 report.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WMMVY: